Lantern Finance
Lantern Finance is a San Francisco-based financial services company offering crypto-backed loans and staking services. Users can borrow up to 50% of their cryptocurrency’s value, accessing cash without selling their assets, thereby avoiding taxable events and preserving potential gains. The platform emphasizes security by partnering with BitGo for asset custody and maintains regulatory compliance as a registered Money Services Business (MSB) with FinCEN.
Overview
Lantern Finance is a San Francisco-based financial services company offering crypto-backed loans and staking services. Users can borrow up to 50% of their cryptocurrency’s value, accessing cash without selling their assets, thereby avoiding taxable events and preserving potential gains. The platform emphasizes security by partnering with BitGo for asset custody and maintains regulatory compliance as a registered Money Services Business (MSB) with FinCEN.
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- Ecosystem
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Team
Team information has not been disclosed.
Funding history
1 disclosed rounds- Pre-seed
1,000,000 USD
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