Nolan Nachbar
I am a Computer Science and Mathematics double major at the University of Wyoming with an interest in decentralized finance. My research explores Bitcoin’s role within traditional financial lending models through both quantitative and legal analysis.
Session
This presentation examines Bitcoin’s viability as institutional-grade collateral through legal, financial, and quantitative lenses. It explores how Bitcoin meets traditional collateral standards—marketability, transferability, and enforceability—under the new UCC Article 12 framework, and models its risk-adjusted loan-to-value ratios using advanced VaR and Cornish-Fisher methods. Drawing on real-world case studies like MicroStrategy and Twenty-One Capital, it concludes that Bitcoin’s liquidity, transparency, and verifiable ownership make it superior collateral in an evolving financial system.