With the rising popularity of cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), traditional banks have started offering crypto-related services in response to rising demand. A global banking giant just set a major milestone by granting a credit facility backed by crypto, the first of its kind granted by the Wall Street financial institution. Investment bank Goldman Sachs has just offered its first loan backed by Bitcoin, Cointelegraph reported. The move is viewed as a sign of Wall Streetmoving further into crypto. We recently extended a secured lending facility where we lent...
source: https://tokenpost.com/Goldman-Sachs-extends-its-first-Bitcoin-backed-loan-9597
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