Bitcoinbacked

TL;DR: EDX Markets says it has partnered with BitSafe to introduce spot trading in CBTC, a Bitcoin-backed asset built for the Canton …

Prospective borrowers face collateral liquidation risks if bitcoin prices drop, though APX said property and crypto collateral will be handled distinctly. www.coindesk.com

All borrowings under the facility are secured by bitcoin that USBC holds in custody with Payward Financial, an affiliate of Kraken’s lending …

South Korea’s Jeonbuk Bank, a subsidiary of JB Financial Group, reportedly started issuing Bitcoin-backed loans to its corporate customers. Local outlet EDaily …

Different Collateral Rules Aave Labs confirmed on Sept. 16 that Aave V4 on Arc had been activated, with cirBTC among its launch …

This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) …

Circle has opened a route for institutional bitcoin holders to borrow dollars against their holdings without selling them. The stablecoin issuer launched …

Stablecoin issuer Circle has launched a Bitcoin-backed borrowing service for institutional clients, allowing eligible Circle Mint customers to use $BTC as collateral …

Better and Coinbase have opened their bitcoin-backed mortgage to the general public, and Better told CoinDesk that pre-applications have already reached $360 …

Better Mortgage can reuse the pledged bitcoin, and borrowers cannot recover their crypto until the main conventional mortgage is fully repaid or …