Really interested to see the BTC-collateralized loan sector increasing. I think I'll have to wait a while before taking advantage. A 10% annual interest on what appears to be a relatively low risk, lender custodied, 40% loan-to-collateral product, still seems high. I'm hoping that drops sharply as the market becomes more competitive.
Crypto Wealth Manager Xapo Bank Introduces Bitcoin-Backed Loans up to $1M - Xapo Bank, a wealth manager for long-term holders of bitcoin, said it is offering its mem... - https://www.coindesk.com/business/2025/03/18/crypto-wealth-manager-xapo-bank-introduces-bitcoin-backed-loans-up-to-usd1m #finance
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