Legasi offers crypto‑backed Lombard credit lines that let European investors borrow USD or EUR against their digital assets without selling them, preserving ownership and deferring capital‑gains taxes. Loans are disbursed via direct bank transfers and approved based on collateral value, with no traditional credit check, leveraging partnerships with regulated credit institutions for compliance.
Funding
Funding not disclosed
Founders
Product
Problem
Crypto investors in Europe often need fiat liquidity but must sell their digital assets, which forces them to exit the market and triggers capital‑gains taxes. This leaves substantial crypto wealth idle and disconnected from real‑world financing needs.
Solution
Legasi provides crypto‑backed Lombard credit lines that allow users to borrow USD or EUR against their digital asset holdings without selling them. Borrowers receive funds via direct bank transfers after a streamlined approval process that does not require a traditional credit check. By using the crypto portfolio as collateral, the service preserves full ownership of the assets and defers taxable events, enabling long‑term financing for personal, investment, or business purposes. The platform partners with regulated credit institutions in Luxembourg and Switzerland to offer institutional‑grade security and compliance while delivering a few‑click user experience.
Target Audience
Primary customers are individual and corporate crypto investors in Europe who need liquidity for purchases, investments, or business growth while retaining exposure to their digital assets.
Features
- Long‑term fiat credit lines (USD/EUR) secured by a wide range of crypto assets
- Direct bank transfer of loan proceeds to the borrower’s account
- No credit‑check requirement; approval based on collateral value and risk assessment
- Full retention of digital asset ownership, allowing continued market exposure
- Tax optimisation by avoiding immediate capital‑gains realization on the collateral
- Partnership with regulated European credit institutions for compliance and security