cion digital
SALT Launches Crypto Lending-As-A-Service; Announces Cion Digital as First Partner
SALT and Cion Digital announced a strategic partnership to bring SALT's crypto lending solutions to 5,000 auto dealerships in the US. The announcement marks the launch of SALT's Embedded Crypto Lending Service, which will enable financial service providers and fintech platforms to rapidly deploy crypto financing solutions. Having launched in 2016, SALT was the first platform to offer crypto-backed loans and has since been focused on optimizing its lending technology and servicing operations. Over the past few years, the Company has built a full stack loan management and risk platform that manages complex crypto loans at scale. With the launch of Embedded Crypto Lending, SALT is bringing this technology to other platforms, helping them further their mission to offer new and novel products to their customers.