Today, Clear Hedge Capital, a boutique lending group for alternative investment vehicles, and BitGo Prime, the first digital asset financial services company to offer a deeply integrated solution with lending, trading and custody, concluded an agreement to collaborate and focus exclusively on providing lending in the digital asset space to institutions with loans of $ 10 million and over.
BitGo Prime offers institutional investors top-notch service, increased liquidity, fast execution, and competitive overall prices. With BitGo Prime’s industry-leading lending services, institutional clients have a trusted partner who offers superior access to the offering and world-class customer service. BitGo Prime’s lending and trading services were created by a team on Wall Street who understand institutional investing and client needs.
Regarding the collaboration with BitGo, Founder and CEO, Richard Tan said, “This offers an opportunity to offer a lending service that was not previously available for institutions. We are excited to see how this partnership with BitGo enables Clear Hedge to bring traditional credit investors into this new asset class. ”
Nick Carmi, CEO of BitGo Prime added: “Both Clear Hedge and BitGo Prime focus on building deep, trusting relationships with large institutional clients to deliver a blend of sophisticated Wall Street understanding of the lending industry and the best of Silicon Valley technology and innovation. for digital assets.
Suhail Al Ansari, Assistant Vice President of Gawah Holdings Inc., said, “The foundation of our commitment to Clear Hedge was the recognition of a niche opportunity identified by the management team. Partnering with a global leader like BitGo would allow Clear Hedge to use its vast experience in structuring institutional loans and add to BitGo’s expanding lending services.