It’s critical to be aware of that there are just 8-10 private placement trade platforms that are in place. Possibly the number one reason you or your associates possibly think that there’s actually a higher number, is because there’s numerous ways to enter these platforms via numerous different institutions, but in the end the trade programs always end up with the same 8-10 private placement trade platforms.
Given that there are many routes to enter these same 8-10 trade platforms, this means there are many institutions and agents offering their own solutions and creative ways on how to get started. Assuming 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 start the trade program.
It’s the asset section of the process 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 total 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 Jebel Ali, or would like to speak to an advisor, contact GTES.