BankProv

(Eliza Gkritsi/CoinDesk)
BankProv Stops Offering Loans Collateralized With Crypto Mining Machines
The crypto-friendly bank wrote off $47.9 million in loans last year, primarily mining rig-collateralized debt.
(Eliza Gkritsi/CoinDesk)

BankProv CEO Dave Mansfield
BankProv Launches Payments Network for Crypto Customers
The network will compete with the Silvergate Exchange Network and Signature’s Signet in the 24/7 real-time payments market.
BankProv CEO Dave Mansfield

Anchorage Digital to Offer Ethereum-backed Loans Through FDIC-Insured BankProv
Anchorage Digital to Offer Ethereum-backed Loans Through FDIC-Insured BankProv
Digital asset platform Anchorage Digital is expanding its lending service with ethereum backed loans through Bank Prov a traditional Massachusetts based bank formally known as Provident Bank This is the first time the crypto custody bank has extended ETH backed loans through a traditional FDIC insured bank Diogo Mónica of Anchorage Digital explains how this [...]
Anchorage Digital to Offer Ethereum-backed Loans Through FDIC-Insured BankProv

Diogo Mónica, co-founder and president, Anchorage
Anchorage to Offer Ethereum-Backed Loans Through BankProv
This is the first time Anchorage has extended ETH-backed loans through a traditional, FDIC-insured bank.
Diogo Mónica, co-founder and president, Anchorage