Details

Last Funding Type

Seed

Last Funding Money Raised

$5.28M

Industries

Bitcoin,Blockchain,Cryptocurrency,Financial Services,FinTech,Lending,Virtual Currency

Founded date

Mar 21, 2018

Operating Status

Active

Legal Name

DrawBridge Lending LLC

DrawBridge offers lending loans with no margin calls backed by Bitcoin holdings. They initiate cash loans secured by digital assets. Operating as a CFTC regulated Commodity Trading Advisor (“CTA”) and Commodity Pool Operator (“CPO”), DrawBridge Lending uses both a qualified and insured custodian & advanced risk management strategies to protect borrower assets and lender capital.

DrawBridge Lending is driven by a vision to provide the most reliable and efficient service for connecting institutional lenders with borrowers seeking to monetize any asset recorded on a Blockchain. With unmatched rates, no margin calls, and secured storage, individuals and commercial businesses now have a hassle-free way to get cash by using their crypto as collateral.