1963: SALT Lending - Bitcoin & Crypto-Backed Loans
Episode description
As cryptocurrency becomes more widely adopted and additional real-world assets become tokenized, Salt Lending Inc is on a mission to offer solutions that allow people to hold and borrow against their crypto-assets securely. With SALT, individuals and businesses can secure fiat or stable coin loans without worrying about credit checks.
Unlike a traditional loan that takes your credit score into account, a SALT loan is an asset-backed loan in which your crypto assets act as collateral for your line of credit. They have issued hundreds of millions in blockchain-backed loans.
Justin English, CEO of Salt Lending Inc, is one of the earliest entrepreneurs in the space and serves on Elite Mining Inc.'s board, a crypto mining operation focused on clean energy and green mining. He joins me on Tech Talks Daily to talk about all things fintech, crypto, trading, investing, and raising money.