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 colleagues possibly think that there’s actually a higher number, is because there’s different ways to enter these platforms via a selection 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 paths to gain acceptance to these same 8-10 trade platforms, this effectively means there are many institutions and agents showcasing their own proposals and creative ways on how to enter a trade program. Assuming the collateral is in place and secured, the Principal passes all KYC AML & DD, 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 asked to be sent to a custodial wallet whereby the custodian has primary control over the wallet. The Bitcoin is not at risk in addition it’s still under the total ownership of the Principal. The institution using the Bitcoin as collateral will then monetise the asset at around 80% loan to value, and then use the loan money as leverage and access a trade program in the tried and tested way. There is a $5 Million minimum access level for this program. But don’t forget this… your Bitcoin is not at risk and is safely held by a custodian throughout the term of the trade term length.
If you would like to learn more about a Private Placement Trade Program For Bitcoin BTC in Winterthur, or would like to speak to an advisor, contact GTES.