Custody for loans
Access liquidity while preserving your crypto.
Use the crypto custody service as collateral to receive a loan as a beneficiary.
Parties involved.
Maximize the utility of crypto assets as collateral for a loan. CheckSig can act as custodian (escrow holder) in a loan between individuals and/or businesses secured by crypto:
Borrower
The borrower uses their crypto assets at CheckSig to obtain euro liquidity without having to sell their crypto.
Lender
The lender earns a highly lucrative interest rate with substantial collateral held at CheckSig.
CheckSig as custodian.
Upon request from borrower and lender, CheckSig acts as escrow holder.
- Custodies the crypto collateral certifying its amount.
- Continuously monitors its market value.
- Guarantees automatic liquidation if the market value falls below the liquidation threshold (e.g., 130% of the loaned capital).
Your capital, on your terms.
Simple and fast
You simply need certified email (PEC) and qualified electronic signature (QES).
Amounts
Loans cover volumes up to over one million euros. The custody service is not provided for operations with an amount below ten thousand euros.
Rates
Rates range from 6% to 12%, decreasing as collateral increases. Collateral ranges from 200% to 500% of the loan value (LTV between 50% and 20%).
Duration
The terms are agreed between the parties, but the standard duration observed in operations is typically 1 or 2 years.
Crypto Custody for Loans: Your collateral is safe.
Are you interested in the crypto custody service as collateral for a euro loan that you want to provide or be a beneficiary of?
CheckSig is NOT authorized to lend money under the Italian Banking Act (D.Lgs. 385/1993) and acts ONLY as a custodian, limited to the obligations and rights associated with this role. Additionally, the loan agreement is made between the parties: CheckSig does not act as a facilitator, agent, or credit broker.
Risk Warning
The use of crypto-assets as collateral for loan operations involves significant risks related to price volatility.
In the event of a decrease in the value of the crypto-assets posted as collateral, margin calls or automatic liquidations may occur, with possible total or partial loss of the assets provided.
The client is required to constantly monitor their position.