SALT Announces 200% Increase in Lendable Areas

Today we at SALT announced our most significant expansion to date, opening operations in 15 additional U.S. jurisdictions including New Jersey, Massachusetts, Washington and Texas, as well as an additional 7 territories including Brazil, Hong Kong, Switzerland, Bermuda, Vietnam, Puerto Rico and the United Arab Emirates. This rapid expansion of services comes on the heels of our 20-state expansion in August, bringing us closer to our goal of being fully operational in all 50 states.

As we continue expanding globally, our competitive offerings enable us to maintain our current position as market leader. Some of these offerings include:

· Flexible loan terms

· No origination fees

· No prepayment fees

· No servicing fees

· No closing costs

On top of that, we’re one of the few companies lending in fiat currency, which puts us in a unique position to increase loan access and provide a multi-faceted loan service to our customers across the world.

Between continued expansion and greater flexibility in loan terms, we’re supporting our mission to increase loan access and grant our customers maximum utility of their assets. With more than 60 percent of cryptocurrency trading in international currencies, we seek to expand our footprint to increase the number of crypto holders we can service across the globe. As of today, we’re one step closer to allowing both the banked and unbanked to gain access to traditional financial institutions through their blockchain assets.