Sinarmas Expansion in Crypto Token-Based Loans

By Editorial Team 28/04/2022
NFT
Summary

The crypto token of the Sinarmas Group's Nanovest and crypto investment application NanoByte (NBT) continued its expansion since launching last month. NanoByte has just launched the NanoByte instant loans beta service through a partnership with Sinarmas Group’s peer-to-peer lending Danamas.

Hutama Pastika, CEO of Nanovest, said that the collaboration between Nanobyte and Danamas in providing NBT as an instant loan service facility has been effective since April 19. "The latest scheme in crypto asset-based instant lending (NBT) is expected to encourage understanding and become evidence for crypto lovers about what digital assets can provide," Hutama said as quoted by Globe Newswire, Tuesday.

The NBT asset-based instant loan is an innovative project and is claimed to be a world first. “Danamas and Sinarmas Financial Service found that the younger generation is now investment literate and invest a lot through digital currency. Through this partnership, NanoByte token holders can get instant loans at up to 80 percent lower interest than they normally get in the market," Danamas CEO Joyce Andries said.

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