The post Strike Launches Bitcoin-Backed Lending Service, Lets Users Borrow Without Selling BTC appeared on BitcoinEthereumNews.com.

Fintech 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. Author Kosta Gushterov 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 Source: https://coindoo.com/strike-launches-bitcoin-backed-lending-service-lets-users-borrow-without-selling-btc/

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Filed under: News - @ May 6, 2025 8:27 pm