Money Metals Exchange secures $265 million to expand bullion lending program

Money Metals Exchange announced the acquisition of $265 million in equity and debt capital to expand its precious-metals-backed lending program. This capital infusion positions Money Metals Capital Group as the largest retail provider of bullion-backed commercial credit lines in the United States. The Metals Equity Line of Credit allows precious metals owners to access liquidity from their holdings without having to sell them.

The expansion addresses a market gap, as traditional banks are reportedly not equipped to lend against physical precious metals. The new program allows investors to unlock liquidity from their gold, silver, platinum, and palladium holdings while potentially avoiding capital gains taxes.