And,  an article from Bitcoin Magazine:

*Goldman Sachs Partners With Coinbase For Bank’s First Bitcoin-Backed Loan*
https://bitcoinmagazine.com/business/goldman-sachs-partners-with-coinbase-for-banks-first-bitcoin-backed-loan 

cryptocoin

Here's an article on this, from Bloomberg:

Such borrowers usually post Bitcoin at loan-to-value in the 40% to 60% range, according to Matthew Ballensweig, managing director and co-head of trading and lending at crypto prime brokerage Genesis. The collateral is held by a qualified custodian, and borrowers receive U.S. dollars from the lender at an agreed-upon interest rate.

As of the end of last year, Coinbase held more than $566 million of cryptocurrencies including more than $183 million worth of Bitcoin, according to its 2021 annual report. At the same time, the firm reported it had cash and cash equivalents of $7.1 billion, exclusive of restricted cash and customer custodial funds.

Coinbase Is on Other Side of Goldman’s First Bitcoin-Backed Loan

https://www.bloomberg.com/news/articles/2022-05-03/coinbase-is-on-other-side-of-goldman-s-first-bitcoin-backed-loan

https://archive.ph/jzJya

 <-- An archive, which can be easier to read.

bitcoin

Coinbase house of cards -- they're leveraging using your BTC | IIICapital

ExponentialBTC

Here's an article on this, from Bloomberg:

> Such borrowers usually post Bitcoin at loan-to-value in the 40% to 60% range, according to Matthew Ballensweig, managing director and co-head of trading and lending at crypto prime brokerage Genesis. The collateral is held by a qualified custodian, and borrowers receive U.S. dollars from the lender at an agreed-upon interest rate.

> As of the end of last year, Coinbase held more than $566 million of cryptocurrencies including more than $183 million worth of Bitcoin, according to its 2021 annual report. At the same time, the firm reported it had cash and cash equivalents of $7.1 billion, exclusive of restricted cash and customer custodial funds.

*Coinbase Is on Other Side of Goldman’s First Bitcoin-Backed Loan*
https://www.bloomberg.com/news/articles/2022-05-03/coinbase-is-on-other-side-of-goldman-s-first-bitcoin-backed-loan
https://archive.ph/jzJya <-- An archive, which can be easier to read.