Since inception in 2017, Tesseract has been a forerunner and one of the longest-standing market participants in the digital asset lending market.
Digital asset lending is one of the fastest growing industries in the global cryptocurrency sphere. Serving the interests of digital borrowers and investors alike, the sector has seen the amount of active crypto credit soar to over 10 BUSD, with a six-fold increase in 2020 alone. Tesseract, based in Helsinki and backed by leading Nordic investors, is at the absolute cutting edge of this development. During the past three years, we have extended hundreds of millions of credit across our innovative cross-margin prime lending and collateralized lending programs.
We pride ourselves on our proprietary technology and our can-do attitude. Last year, our company grew more than 10x year-on-year and we are constantly looking for new people to join our team of high performers.