Lendingblock, the institutional platform for collateralised crypto-currency lending has announced a partnership with Octagon Strategy Limited (Octagon Strategy), a global top three digital asset brokerage firm.
“I’m delighted to announce that we have the support of one of the largest cryptocurrency brokerage firms in the world,” said Steve Swain, CEO of Lendingblock. “Octagon Strategy has established itself as the go-to institutional brokerage for the cryptocurrency market, and brings extensive industry expertise and unique market insight that will be invaluable leading up to our launch later this year. There’s a great compatibility between Lendingblock and Octagon Strategy teams, as we are fully aligned in our aim to create the highest standard of financial services within the cryptocurrency space.”
“Securities financing plays a vital role in efficient capital markets, but barely exists for digital assets” said Wayne Trench, CEO of Octagon Strategy. “We’re very pleased to be working with the innovative team at Lendingblock as they bring the securities lending model to the digital assets economy. They are a team who understand institutional needs, and clearly have the experience and expertise to deliver. We look forward to working together to fill this gap in the market.”