Don't Just Read the News, Understand It.
Published loading...Updated

Bitcoin (BTC)-Backed Lending Service Introduced by Onramp

Summary by Coin Desk
Bitcoin financial services firm Onramp has partnered with lending platform Arch to introduce a bitcoin-backed lending service, the companies announced. The new product allows BTC holders to secure loans while keeping ownership of their assets, a move aimed at investors looking to access liquidity without selling their bitcoin (BTC).The service provides bitcoin-collateralized loans, allowing borrowers to use their holdings as security while recei…

Bias Distribution

  • 100% of the sources are Center
100% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Coin Desk broke the news in Manila, Philippines on Thursday, February 20, 2025.
Sources are mostly out of (0)