Flowdesk, a digital asset trading and technology firm, has secured a $100 million credit facility from Two Prime Lending Limited, a secured lending affiliate of Two Prime Inc., to support its global expansion and optimize its trading infrastructure.The multi-drawdown term loan facility provides Flowdesk with up to $100 million in aggregate principal. The facility became available immediately upon execution and is set to mature 365 days thereafter, with an option for Flowdesk to request an additional 365-day extension, subject to Two Prime’s consent. All borrowings under this agreement will be secured by a portion of Flowdesk’s total bitcoin holdings.
Reed Werbitt, CEO of Flowdesk US Inc., stated, “Flowdesk is scaling to meet the liquidity needs of the growing crypto credit market for our clients. 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.”
Alexander Blume, CEO of Two Prime, commented, “Flowdesk represents the kind of disciplined, infrastructure-first firm we built Two Prime to support. 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.”
This agreement reflects a broader industry shift in digital asset lending, moving away from the undercollateralized structures seen in previous market cycles toward capital frameworks designed to prioritize security, transparency, and institutional alignment.
Founded in 2020, Flowdesk operates as a liquidity provider and OTC trading firm. The company integrates financial and crypto expertise with algorithmic trading and a proprietary trading platform to connect digital assets with global liquidity. Flowdesk’s technology aims to enhance control and transparency in digital asset markets. The firm maintains a global presence with offices located in France, Singapore, and the U.S.
Two Prime Lending Limited specializes in delivering secured credit solutions to institutional bitcoin holders, with a lending capacity exceeding $3 billion. The firm provides flexible, non-rehypothecated loans, with collateral held in segregated, secured custody. This model is designed to protect client assets and foster long-term trust in digital finance. Its borrowers include miners, asset managers, family offices, and corporate treasuries seeking capital-efficient access to liquidity without compromising security. Two Prime Lending is supported by Two Prime Inc., an SEC Registered Investment Advisor that focuses on digital asset quantitative trading, risk management, and trading services for institutional clients.
