Digital asset investment manager Psalion on Monday launched Psalion Lend, a collateral-based lending product targeting institutional clients, family offices, corporate treasuries and sophisticated investors.
The product lets borrowers pledge BTC, ETH, SOL and other select digital assets and receive loan proceeds in USDC or USDT. Terms include up to 60% LTV, 90-day and 180-day maturities, and a 0.5% origination fee. Fixed rates on BTC and ETH loans start at 5.5% for 90-day terms and 6.5% for 180-day terms. SOL-backed loans carry higher pricing at 7.5% and 8.5% respectively. Minimum collateral is US$1 million.
Psalion is emphasizing custody structure. Borrowers can keep collateral in a segregated institutional custody setup rather than moving it into a pooled lending platform. The company says there is no rehypothecation of pledged assets.
“The question we kept hearing from sophisticated clients was not about rates, it was about control,” said Timothy Enneking, Managing Partner at Psalion. “They wanted to know where their collateral sits and what happens to it. Psalion Lend was designed to answer that question directly.”
The BVI-based firm describes itself as an institutional-grade digital asset manager focused on lending, yield strategies, and early-stage venture capital.
