Cryptocurrency Q&A
Who owns pledged shares?
Who owns pledged shares?
DigitalLegendGuard
Sun Nov 03 2024
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6 answers
977
I would like to know the owner of the pledged shares. Who is it that possesses these shares which have been promised as security for a loan or other obligation?
6 answers
Tommaso
Tue Nov 05 2024
The security provided in this manner is also referred to as collateral margin.
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Raffaele
Tue Nov 05 2024
Importantly, the ownership of the pledged shares remains with the pledgor.
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Eleonora
Tue Nov 05 2024
The practice involves a shareholder or the pledgor offering their shares to a lender, known as the pledgee.
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henry_harrison_philosopher
Tue Nov 05 2024
This means that the pledgor retains the right to receive dividends from the shares.
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DigitalBaron
Tue Nov 05 2024
This arrangement serves as security for a loan or credit facility.
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