Company Seeks to Enter Into the US Public Markets
USA, December 9th, 2020 – Helio Lending Pty Ltd, a privately held company based in Australia, which has built a unique and propriety platform enabling loans secured by certain cryptocurrencies, is pleased to announce its plans to expand operations including the hiring of talented, experienced and proven US-based crypto-loan experts. The Company is also evaluating strategic plans and various opportunities presented that would enable the Company to leverage its core infrastructure and enter into the US public markets.
John O’Shea, Helio Lending Founder, Chairman and CEO stated, “We are pleased to announce that the Company and its Board of Directors have approved initiatives that include the Company’s expansion, hiring and to seek opportunities present in other parts of the world, specifically in the US. There is a specific talent pool that we would like to attract who are proven up and coming stars in the crypto space. As such, we believe that entering into the US public markets will give us advantages in attracting proven and successful executive level management, marketing experts and sales professionals that can assist Helio in this next phase of its expansion and growth, as well as immediately assist the Company in taking advantage of the burgeoning crypto lending space. We have already engaged with a number of talented, highly skilled experts in the crypto space and we expect to announce the hiring of US-based senior level management, marketing & sales professionals as well as an Advisory Board in the very near future.”
John O’Shea commented, “As one of the first and early entrants into the cryptocurrency lending space, it’s exciting to witness cryptocurrency becoming mainstream, with companies like PayPal announcing that its customers are now able to buy and sell Bitcoin and other virtual currencies using their PayPal accounts. Those virtual coins can then be used to buy things from the 26 million sellers that accept PayPal. Recent valuations on other Cryptocurrency lenders have been pushed to attractive levels, warranting our interest to pursue similar paths in the US. Bitcoin, the largest blockchain-based digital asset, recently surpassed $350 Billion market capitalization with the cumulative market capitalization of cryptocurrencies now above $500 Billion. According toDeFi Pulse, there’s currently approximately $5 billion of digital assets locked in decentralized finance lending protocols. Some published estimates suggest the crypto lending industry could reach $100 billion in yearly issued loans by 2021 if cryptocurrency prices stay the same.”
Some Helio Lending Facts and differentiators: Helio’s proprietary software and lending platform is 100% owned and operated internally, allowing clients full transparency of their positions 24 hours a day. Helio enables owner of certain types of cryptocurrency like BitCoin, LiteCoin, Ethereum, Ripple (and other crypto on a case-by-case basis), to safely and securely use their crypto as security to borrow US $Dollars or stablecoin, ALL; without selling any of the customers crypto, which is held in secure “cold wallet” for the duration of the loan and protected by custodian insurance; AND without risk of margin calls, provided by an innovative loan structure that protects borrowers against the downside and enables participation in some, or all, of the upside.
“With Bitcoin and other crypto currency values rising, we believe Helio Lending is well positioned to build market share of crypto backed loans as more investors seek innovative solutions to hedge their gains and/or to leverage their gains into other businesses As a way for us to scale, grab market share and accelerate growth in our loan portfolio, we are currently exploring a public listing in the USA which will be a main focus over the near term as we look forward to an exciting year in 2021,” concluded Mr. O’Shea.
For employment opportunities, media and all other inquiries, please contact:
John O’Shea Founder and CEO, &
Chairman CYIOS Corp (Publicly traded) (OTC: CYIO)
Follow Helio on Twitter using: @heliolending
About Helio Lending
Founded in 2018 by our Chairman Mr. John O’Shea, Helio Lending is a cryptocurrency lender, with headquarters based in Australia. Recognized as the first to market in Australia, Helio was the first independent crypto lending company to actively lend within Australia under an Australian Credited License. The lending service provides holders of cryptocurrency a safe and secure way to access fiat funds, without selling any of their cryptocurrency.
Helio Lending takes care of the entire lending process and will give holders of cryptocurrency (such as Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Litecoin and Ripple) safe and secure access to fiat funds, without selling any of their cryptocurrency. Beginning with KYC and AML checks, creating lending agreements, securing collateral in insured cryptocurrency wallets, funding loans, monitoring the value of the cryptocurrency assets and servicing the terms of each individual contract on a 24/7 basis.
Using Distributed Ledger Technology allowing transaction and settlement without counterparty risk, Helio enables holders of digital assets to use certain digital assets as collateral. Helios’ technology electronically monitors the prices of the Approved Digital Assets such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple to allow access to these credit and fiat currencies. For more information please visit: https://heliolending.com/
FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements.” Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “would,” “could,” “will” & other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company’s actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered w/ these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.