DrawBridge Lending

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DrawBridge Lending
Drawbridge logo.png
Founded 2018
Headquarters Chicago, Illinois
Key People Jason Urban, CEO; Tom Anderson, President; Jason O'Reilly, CFO and COO; Matt Lisle, GC and CAO
Employees 9
Products Bitcoin collateralized loans
Twitter @DrawBridgeLend
LinkedIn Profile
Facebook drawbridgelending
Website Drawbridge Home

DrawBridge Lending arranges loans to institutional clients that are backed by bitcoin.

Products and Services

Investing

DrawBridge offers a cryptocurrency fund for accredited investors, the Crypto Fund Investment Opportunity, which uses options-based hedging strategies. The bitcoins in this fund are held in cold wallet storage.[1] The company also has a Bitcoin Managed Account Program (MAP), in which multiple separate accounts are managed to generate yield while mitigating risk using futures and options contracts from Intercontinental Exchange and the CME Group.[2]

Lending

DrawBridge offers cryptocurrency lending services as well as investment funds. The company facilitates commercial and high net worth individual loans, hybrid investment loans, and cryptocurrency IRA loans.[3]

History

In July 2020, DrawBridge announced that its AUM (the total value of its assets under management) had surpassed $125 million.[4]

Key People

  • Jason Urban, CEO
  • Tom Anderson, President
  • Jason O'Reilly, CFO and COO
  • Matt Lisle, GC and CAO

References