IPv4.GLOBAL Offering a Unique Lending Program

March 9, 2024

IPv4.Global is launching a first-of-its kind loan facility backed by the borrower’s IPv4 addresses as collateral. With IPv4.Global’s innovative IPv4 collateral lending product, the asset itself is the collateral. Customers can leverage their IPv4 addresses as collateral against a loan, securing needed funding while still having access to – and full use of – their IPv4 assets.

IPv4.Global’s new, unique solution allows customers to raise capital needed to expand their operations while continuing to use their IP addresses for core services, ensuring seamless growth.

An Important Evolution

Previously, Cogent issued $206 million in notes, backed by the revenue generated from leasing their IP addresses. This collateral for these loans came from the leases on the addresses with the assets themselves as backup.  This was possible since Cogent was among the first internet service providers (ISPs) to lease their addresses independently of internet access. As a result, they had already established a substantial revenue stream from these leases, allowing them to borrow against that anticipated revenue.

The Difference

IPv4.Global’s offering does not use a revenue stream from leases as collateral and so none are required. The addresses themselves are the collateral.

IPv4 addresses are rarely included in traditional collateral packages. Leveraging this asset, therefore, is unlikely to involve any existing capital structure participants.

This is the latest example of how IPv4.Global continues to innovate and reshape the landscape. Having successfully implemented our lending program for a data center operator, allowing them to grow their cloud business, we are the first and only company lending against IPv4 addresses today.