- IPV4.Global announces the scheme to use IPV4 addresses as security
- It is the “first-in-sin-stroke” loan facility and promises large returns
- The global transition to IPV6 is still slow for many
Marketplace IPV4.Global has revealed a “first-of-Sin-stroke” loan system where companies can borrow using IPV4 addresses as security.
The company explains that the system is built on previous work developed by Cogent, which offers notes supported by rented IPV4 address revenues, which are security tasks of the addresses themselves.
However, unlike Cogent’s model, IPV4.Global customers can use their addresses directly as security while still retaining full use of them.
IPV4 addresses are valid security
This means that companies can secure funding while still having access to and using their addresses.
“We just successfully implemented our lending program for a data center operator so they can grow their cloud business, making us the first and only company lending against IPV4 addresses today,” said Lee Howard, IPV4.Global SVP.
“IPV4.Global works with customers to buy, sell, lease and now borrow against IPV4 blocks, regardless of size, and have completed more transfers globally than any other provider,” the company added in a message.
The official release does not go very detailed, so we do not know if there is a minimum or maximum IPV4 address requirements to qualify for a loan.
More broadly, IPV4.Global describes himself as a broker who transfers IP addresses from companies that no longer need them for those who do it, “earns money on hidden assets that the company may not even be aware of.” It has broken the sale of more than 55 million IP addresses and carried out more than 3,000 transactions.
Despite the IPV6 decision, IPV4 remains high demand because the costs associated with transition and infrastructure changes can be high.
Still, AWS started charging companies for using IPV4 addresses in 2024 without adding a fee for IPV6 addresses in the hope that more customers would update.
