Flowdesk, a full-service digital asset trading and technology firm, 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.