Summary: The facility will support Flowdesk’s global expansion and trading infrastructure. Borrowings will be secured by bitcoin holdings.
PARIS--(BUSINESS WIRE)--Flowdesk, a full-service digital asset trading and technology firm, today announced a $100 million credit facility from Two Prime Lending Limited (“Two Prime”), the secured lending affiliate of Two Prime Inc. The facility will support Flowdesk’s continued global expansion and capital-efficient trading infrastructure.
Under the terms of the agreement, Two Prime will provide a multiple-drawdown term loan facility in an aggregate principal amount of up to $100 million. The facility is available immediately upon execution (the “Effective Date”) and matures 365 days thereafter. Flowdesk may request to extend the maturity date by an additional 365 days, subject to Two Prime’s consent. All borrowings will be secured by a portion of Flowdesk’s total bitcoin holdings.
“Flowdesk is scaling to meet the liquidity needs of the growing crypto credit market for our clients,” said Reed Werbitt, CEO of Flowdesk US Inc. “Partnering with Two Prime gives us access to flexible, secured capital, allowing us to continue building responsibly and efficiently as the global financial landscape evolves.”
“Flowdesk represents the kind of disciplined, infrastructure-first firm we built Two Prime to support,” said Alexander Blume, CEO of Two Prime. “Their commitment to secure, scalable trading aligns with our approach to institutional lending – measured, collateralized, and transparent. This facility reflects our shared belief in a more mature model for digital asset finance.”
The deal reflects a broader shift in digital asset lending, from the undercollateralized structures of the last cycle to capital frameworks designed to prioritize security, transparency, and institutional alignment.
ABOUT FLOWDESK
Founded in 2020, Flowdesk is a leading liquidity provider and OTC trading firm. We combine deep financial and crypto expertise with algorithmic trading and our proprietary trading platform to connect digital assets to global liquidity. Our technology is engineered to bring control and transparency to digital asset markets. Flowdesk operates globally with offices in France, Singapore, and the U.S.
ABOUT TWO PRIME LENDING
Two Prime Lending Limited delivers secured credit solutions to institutional bitcoin holders, offering over $3 billion in lending capacity. The firm provides flexible, non-rehypothecated loans backed by collateral held in segregated, secured custody, a model built to protect client assets and promote long-term trust in digital finance. Borrowers include miners, asset managers, family offices, and corporate treasuries seeking capital-efficient access to liquidity without compromising security.
We are backed by Two Prime Inc, an SEC Registered Investment Advisor specializing in digital asset quantitative trading, risk management, and trading for institutional clients.
