Bitfinex Amplifies Post on Bitcoin-Backed Credit and Tokenized Collateral
Photo: TokenPost
Bitfinex amplified a post from @BFXSecurities discussing potential uses for Bitcoin (BTC)-backed credit and tokenized collateral in capital markets. The post discussed possible applications but announced no specific product or transaction. Riot Platforms repaid a $200 million Bitcoin-backed credit facility from Coinbase Credit on Sept. 21, releasing pledged collateral. TokenPost previously covered Riot Platforms’ repayment of the facility . John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
