Rebel Platforms secures $100M ‘Bitcoin-backed’ loan from Coinbase

Rebel Platforms has conventional its large Bitcoin stockpile as collateral to stable a $100 million credit facility from Coinbase because the cryptocurrency miner eyes continued expansion. The $100 million loan from Coinbase’s credit arm marks Rebel’s “first Bitcoin-backed facility,” CEO Jason Les said in an April 23 assertion.Les said the credit line will most definitely be conventional to fund overall corporate operations and strengthen the firm’s “strategic enhance initiatives.”Supply: Rebel PlatformsThe credit line is scheduled to faded in one yr’s time…
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