HONG KONG - Dec. 20, 2017 - PRLog -- America 2030, LLC is pleased to announce that it is one of the first lenders to again arrange for Bitcoin and other cryptocurrency loans.
America 2030 during last three months of this year closed and funded a total of 8 cryptocurrency loans. The loan amounts varied from $3M to $48M and the investors were from a multitude of countries, including USA, Hong Kong, India, Singapore and Russia.
The cryptocurrency against which the loans were made consisted of some of the top known coins, including:
Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Ripple (XRP), Litecoin (LTC), Dash (DASH), NEO (NEO), Monero (XMR), Ethereum Classic (ETC), IOTA (MIOTA), Qtum (QTUM), Cash (ZEC), Tether (USDT), Lisk (LSK), Bytecoin (BCN), BitcoinDark (BTCD), Waves (WAVES), and many others.
Clearly the investors had a diversified portfolio of cryptocurrencies and decided to exit the market and take some profits or leverage by borrowing against the coins and purchasing additional ones.
America 2030 CEO Mr.Val Sklarov had this to say: "We have seen numerous requests of cryptocurrency investors wanting to borrow against their digital currency and redeploy the funds for other purpose. Each one of the borrowers purchased the digital currency very early on and has significant profits. Instead of selling and paying capital gains taxes, the borrowers elected to borrow and obtain the proceeds absolutely tax free since loans are not taxed. This strategy allows the borrowers to still maintain ownership, while hedging against their holding. We anticipate that in 2018 we will triple the number of digital currency loans as the cryptocurrency becomes ever more main-street."
America 2030, LLC offers various loan products, including stock loans, business loans, real estate loans and now cryptocurrency loans. The firm is possibly the only lender in the world offering loans against cryptocurrency.
Mr. Val Sklarov added: "It is quite possible that we are the only lender in the world lending against the digital cryptocurrency evolution."
For further info, see http://www.america2030.net
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