Collateral

Collateral is an asset or property that a borrower pledges to a lender as security for a loan or other obligation. If the borrower defaults, the lender has the right to seize the collateral to recover the owed amount.

Why it’s in the news: It is in the news due to a growing trend of using digital tokens to represent and manage collateral in financial transactions and crypto lending.

Latest on Collateral

• Michael Mann, director of Heat and Collateral, accidentally shoots self at gun range
• BofE consults on tokenised collateral in central clearing
• Standard Chartered offers RLUSD custody in Dubai and plans LMAX collateral link
• Peter Thiel-backed Founders Fund leads a $5 million token buy in crypto collateral protocol Anvil
• Crypto-friendly institution Franklin Templeton brings its tokenized collateral service to Bybit
• AI data centers increasingly built on GPU collateral, other novel financing

Connections

2 entities linked to Collateral across the news graph.