We have also teamed up with NYDIG, a leading bitcoin company. This partnership will allow our customers to purchase luxury automobiles financed through loans secured by bitcoin.
The collaboration enables us to offer customers access to NYDIG’s institutional-grade, 100% cold storage custody solution. Bitcoin holders who don’t want to sell their bitcoin will be able to access a portion of its value by borrowing USD using the bitcoin as collateral. The product does not require customers to make any interest payments during the life of the loan.