Winston Advises on Pioneering Bitcoin Crypto Lending Programs

Winston & Strawn represented subsidiaries of Hankey Group—Hankey Capital, Westlake Financial, and Midway—in structuring new, cutting-edge Bitcoin Lending Programs which provide real estate and luxury vehicle purchasers with innovative ways to pledge Bitcoin as collateral. The Bitcoin Lending Programs provide Hankey with flexibility on loan terms and conditions and offers Hankey’s borrower clients dynamic solutions for pledging Bitcoin as collateral.

Read the press release here

To learn more, listen to our "Let's Talk Lending" podcast episode that covers the Bitcoin Lending Programs, benefits and challenges associated with accepting Bitcoin as collateral, how to address risks from a secured lender’s perspective, and dealing with market volatility through legal documentation.