KULR Secures $20M Bitcoin-Backed Credit Facility from Coinbase Credit
Today, KULR Technology Group, Inc. (NYSE American: KULR) announced it has secured a $20 million bitcoin-backed credit facility from Coinbase Credit, Inc., a subsidiary of Coinbase Global (NASDAQ: COIN). The deal sets up a multi-draw loan facility worth up to $20 million, which KULR can access starting on the effective date. The funding will support…