It’s helpful to be mindful that there are somewhere between 8-10 private placement trade platforms that are operational. It’s possible that the real reason you or your associates could think that there’s actually a bigger number, is because there’s numerous ways to to be a part of these platforms via numerous different institutions, but in real terms the trade programs always end up with the same 8-10 private placement trade platforms.
Given that there are multiple routes to enter these same 8-10 trade platforms, this means there are a range of institutions and agents offering their own solutions and creative ways on how to get started. At the point the collateral is in place and secured, the Principal passes all due diligence KYC and AML checks, and a trade contract is signed, a Principal can then be accepted into the trade program.
It’s the asset segment which makes the change when using Bitcoin as the method of funding. The institution that we can introduce you to, will use your Bitcoin as collateral. The Principals Bitcoin will be required to be transferred to a custodial wallet whereby the custodian has full control over the wallet. The Bitcoin is not at risk and it’s still under the 100% ownership of the Principal. The institution accepting the Bitcoin as collateral will then monetise the asset at around 80% loan to value, and then use the loan proceeds as leverage and access a trade program in the normal way. There is a $5 Million minimum access level for this program. Remember… your Bitcoin is not at risk and is safely held by a custodian throughout the term of the trade agreement.
If you would like to discover more about a Private Placement Trade Program For Bitcoin BTC in Colorado, or would like to speak to an advisor, contact GTES.