News and Announcements
Helio Lending partners with Crypto Tax Australia
- Published December 18, 2018 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
KEY TAKEAWAYS:
- Helio Lending announce partnership with Crypto Tax Australia.
- The two companies will collaborate to offer clients an opportunity to access the value of their digital assets without having to liquidate their positions or realise any capital gains.
Helio Lending today announced an exciting partnership with Crypto Tax Australia, allowing cryptocurrency investors in Australia an opportunity to access asset-backed lending facilities.
Helio Managing Director, and Founder John O’Shea said: “It is a fantastic opportunity to partner with such a business, offering sound tax advice to an emerging market.
“Groups like Crypto Tax Australia give enormous credibility to their clients and the digital asset industry.”
Beginning on November 26th 2018, Helio Lending and Crypto Tax Australia will collaborate to offer clients of Crypto Tax Australia an opportunity to access the value of their digital assets without having to liquidate their positions or realise any capital gains.
Allowing clients to access cash in their bank account will help to pioneer thecrypto asset-backed lending industry and enable the use of approved digital assets for normal consumer transactions, such as luxury goods, property and other lending acquisitions.
Crypto Tax Australia specialise in providing tailored and proactive Cryptocurrency Taxation advice to its clients, whether investors or traders anywhere throughout Australia.
Crypto Tax Australia’s Director Adrian Forza recently stated that “Due to current market conditions I have had many lending inquiries from my clients.
This partnership will help my clients and all cryptocurrency enthusiasts unlock the monetary potential of their assets, without having to worry about taxation consequences and CGT”.
The Helio Lending staff have a brilliant mix of financial services backgrounds working with ASIC, fund management, trustees, equities, futures and foreign exchange.
Along with vast knowledge of cryptocurrency and blockchain technology. Combined, the team holds over 100 years of expertise in the financial services and technology industries.
John said: “We are excited to have Mr Adrian Forza and Crypto Tax Australia join us as partners going forward.”
About Helio Lending
Helio Lending is the first licensed and regulated cryptocurrency lender, based in Australia. ACL #391330. The lending service provides holders of cryptocurrency a secure way to access fiat funds, without selling any of their cryptocurrency. Helio finances loans through an MIS, Helio Secured Income Fund (AFSL #302538) targeting to generate a secured return of 9.75% p.a, net of fees.