other material
confidence medium
sentiment neutral
materiality 0.40
Nakamoto amends loan agreement with Payward; adds trading wallet as collateral for ISDA obligations
Nakamoto Inc.
- Amendment allows funding of trading wallet at Payward; wallet serves as collateral for loan and trading obligations.
- Collateral now also secures obligations under ISDA Master Agreement between Bitwise Advisors and Payward Oceanic Ltd.
- New default event triggered by Early Termination Date under the Master Agreement.
- Defines Advisor as Bitwise Investment Advisers, LLC, and adds CSA, Master Agreement, Secured Parties definitions.