Hlib Chabaniuk

Blackstone lends against private credit assets, Joe Burnett notes

Blackstone lends against private credit assets, Joe Burnett notes
Blackstone backs loans with private credit

Joe Burnett recently shared a conversation with a friend working at Blackstone in asset backed lending.

He asked his acquaintance what assets the firm lends against and was told that private credit is the main collateral. Burnett concluded by stating he does not have enough Bitcoin.

Burnett has commented on digital credit trends before, stating that while some in the crypto sector are optimistic, he has greater confidence in Bitcoin’s outlook, according to a recent note. He has returned to publishing after a brief absence, with a major Bitcoin video scheduled for release this week. These updates follow his observations on private credit and digital asset-backed lending.

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