The world of cryptocurrency is rapidly evolving, with regulatory frameworks and new products emerging. For financial advisors, it's essential to stay informed about these developments. A recent article from CoinDesk explores the potential benefits of using bitcoin as collateral in lending. According to Meredith Yarbrough, managing partner at La Hoja Capital Partners, incorporating bitcoin into collateral structures can reduce credit risk while maintaining yield targets. Eric Tomaszewski, financial advisor at Verde Capital Management, highlights the risks involved, including volatility and regulatory uncertainty.

Source: https://www.coindesk.com/business/2024/08/08/crypto-for-advisors-bitcoin-and-lending/?utm_medium=referral&utm_source=rss&utm_campaign=headlines