Coinbase takes Bitcoin secured loan from Goldman Sachs
The largest cryptocurrency exchange in the US, Coinbase, received the first loan secured by bitcoins issued by Goldman Sachs. The terms of the deal are not known.
Coinbase believes that working with Goldman is the first step in accepting digital assets as collateral. According to the head of Coinbase Institutional, Brett Tapol, this strengthens the interaction between the fiat and cryptocurrency economies.