Strike Launches Bitcoin-Backed Lending Service, Lets Users Borrow Without Selling BTC

By: bitcoin ethereum news|2025/05/07 04:45:01
0
Share
copy
Strike, the Lightning Network-powered payments platform founded by Jack Mallers, has officially launched a new crypto lending product designed to allow users to borrow cash without selling their Bitcoin. Announced Tuesday, the new service, Strike Lending, will initially roll out in select U.S. regions, with international expansion plans already underway. “You shouldn’t have to sell the best-performing asset in human history to access cash,” said Mallers on X. “Now you don’t have to.” The program is open to both individual and institutional users and offers borrowers the ability to use their Bitcoin as collateral while maintaining ownership. The move aligns with a broader industry trend, as companies like Coinbase and Xapo have recently expanded their lending services in response to a recovering crypto market. Mallers, who recently became CEO of Twenty One Capital — a new Tether-backed competitor to Strategy — emphasized that Bitcoin-backed credit solutions are a key part of unlocking long-term financial utility in a decentralized economy. Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','1188189499475368');fbq('track','PageView'); Source: https://coindoo.com/strike-launches-bitcoin-backed-lending-service-lets-users-borrow-without-selling-btc/

You may also like

Mining Exodus: Someone Holds $12.8 Billion AI Order

Mining Farms are Turning to AI Hashpower with no Turning Back.

March 6 Market Key Intelligence, How Much Did You Miss?

1. On-chain Funds: $16.3M USD has flowed into the OP Mainnet today; $13.7M USD has flowed out of Arbitrum 2. Largest Price Swings: $XPT, $AIX 3. Top News: Vitalik Calls on Ethereum Community to Shift Mindset, Uphold Core Principles, and Rethink Application Design "From Scratch"

a16z: The True Opportunity of Stablecoins is in Complementing, Not Disrupting

The stablecoin opportunity lies with those merchants yet to come onboard.

Predict LALIGA Matches, Shoot Daily & Win BTC, USDT and WXT on WEEX

The WEEX × LALIGA campaign brought together football excitement and crypto participation through a dynamic interactive experience. During the event, users predicted matches, completed trading tasks, and took daily shots to compete for rewards including BTC, USDT, WXT, and exclusive prizes.

Ray Dalio Dialogue: Why I'm Betting on Gold and Not Bitcoin

Gold is the only asset with a long-term history that can be transferred, is not easily replicable, and does not rely on anyone else's promise. Most currencies, debts, stocks, etc., are just promises of someone honoring their purchasing power.

Who Took the Money in the AI Era? A Must-See Investment Checklist for HALO Asset Trading

A one-page paper listed a series of questions about the potential impact of AI progress. Looking back over two years later, these questions appear particularly prescient, although none of them provided a definitive answer at the time.

Popular coins

Latest Crypto News