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EP 26: Yes, Cryptoassets Can Be Used as Collateral Against Loans. Just Ask BlockFi’s Zac Prince.
Banks have been wary to count cryptocurrencies like Bitcoin and Ether as solid assets when generating loans, so BlockFi's Zac Prince developed a new kind of lending platform that welcomes alternative assets.
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By Alumni Ventures GroupBanks have been wary to count cryptocurrencies like Bitcoin and Ether as solid assets when generating loans, so BlockFi's Zac Prince developed a new kind of lending platform that welcomes alternative assets.