It’s critical to be aware of that there are just 8-10 private placement trade platforms that are in place. Possibly the true reason you or your clients possibly think that there’s actually a greater number, is because there’s many ways to enter these platforms via a range of 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 ways to access these same 8-10 trade platforms, this logically means there are many institutions and agents presenting their own packages and creative ways on how to initiate a trade program. Assuming the collateral is in place and secured, the Principal passes all AML, KYC, and due diligence, 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 requested to be moved to a custodial wallet whereby the custodian has total control over the wallet. The Bitcoin is not at risk plus it’s still under the total ownership of the Principal. The institution taking on the Bitcoin as collateral will then monetise the asset at around 80% loan to value, and then use the loan funds as leverage and access a trade program in the stabdard way. There is a $5 Million minimum access level for this program. But remember this… your Bitcoin is not at risk and is safely held by a custodian throughout the term of the trade program.
If you would like to find out more about a Private Placement Trade Program For Bitcoin BTC in Tokyo, or would like to speak to an advisor, contact GTES.