Circle has opened a route for institutional bitcoin holders to borrow dollars against their holdings without selling them. The stablecoin issuer launched …
Bitcoinbacked
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Stablecoin issuer Circle has launched a Bitcoin-backed borrowing service for institutional clients, allowing eligible Circle Mint customers to use $BTC as collateral …
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Better and Coinbase have opened their bitcoin-backed mortgage to the general public, and Better told CoinDesk that pre-applications have already reached $360 …
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Markets
Better and Coinbase’s bitcoin-backed mortgages can reuse borrowers’ collateral
by shayaanby shayaanBetter Mortgage can reuse the pledged bitcoin, and borrowers cannot recover their crypto until the main conventional mortgage is fully repaid or …
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Borrowers across the US have gained access to the crypto-backed mortgage offering introduced by Coinbase and Better Mortgage. The product pairs a …
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Nasdaq-listed Bitcoin mining company PowerCompute has consolidated its three existing debt facilities totaling $18 million under a new Bitcoin-backed credit facility with …
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Finance
Bitcoin-Backed STRC Trades 13% Below Fair Value, Ex-Goldman Analyst Says
by shayaanby shayaanCrypto News A former Goldman Sachs credit investor argues that Strategy’s STRC preferred stock is undervalued by roughly 13%, worth near $96 …
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Markets
Europe Gets A Bitcoin-Backed Preferred Stock As Treasury Demand Spreads
by shayaanby shayaanReference: Bitcoin Treasury Capital Europe Gets A Bitcoin-Backed Preferred Stock As Treasury Demand Spreads Bitcoin Treasury Capital AB has launched a Bitcoin-backed …
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The bitcoin treasury company is working with JPYC and Progmat to explore tokenized credit products backed by bitcoin, aiming to create efficient, …
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Finance
Japan’s CRYL Launches Bitcoin‑Backed Loans Up to ¥1B for Individuals and Businesses
by shayaanby shayaanCRYL launched Bitcoin-backed loans of up to ¥1 billion ($6.2M) for individuals and businesses, with annual rates between 3.5% and 7%. Loans …