DENVER--(BUSINESS WIRE)--SALT, a company that provides financial solutions for blockchain assets, today announced it’s now offering Blockchain-Backed Loans™ in California. The news comes on the heels of SALT’s recent announcement, which stated the company is lendable in D.C., Montana, Arkansas, and Oklahoma.
With the addition of California, SALT can now offer loans in 88 percent of the U.S. “This has been a long time coming,” said Bill Sinclair, Interim President and CEO of SALT. “As the fifth largest economy in the world, California is a market we have been waiting to serve for many months. We’re proud to say that we can now lend to businesses and consumers who are interested in leveraging their cryptocurrency for a cash loan.”
For more on SALT’s offerings, visit saltlending.com or sign up here to apply for a loan.
SALT offers a smarter way to leverage blockchain assets—ingeniously bridging cryptocurrency with traditional finance. Through its platform, SALT enables cryptocurrency holders to secure cash loans by collateralizing their blockchain assets. Simultaneously, its services provide opportunity for exposure to this evolving digital asset class. The company is committed to advancing a global blockchain-based ecosystem. Salt Lending Holdings, Inc., currently operates globally with a commitment to further expand its licensed lending jurisdictions. Founded in 2016, SALT is headquartered in Denver, Colorado.