【BitPush】Norwegian publicly listed company K33 has recently taken new actions. The company announced the launch of a crypto asset collateralized lending service, where users can use Bitcoin and Ethereum as collateral to obtain loans in stablecoins like USDC. The initial phase is only open to some qualified customers.
Interestingly, K33 is not just offering services without backing. They have also invested their own Bitcoin holdings, with a clear purpose — to provide liquidity and generate returns on these digital assets. Essentially turning Bitcoin in cold wallets into interest-earning financial instruments. This combined approach allows K33 to meet clients’ financing needs while finding new avenues for asset appreciation. This also reflects the accelerating exploration of traditional financial institutions into the commercialization of crypto assets.
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GamefiHarvester
· 5h ago
I've been playing with cryptocurrencies for so many years, and finally I see traditional institutions seriously engaging in collateralized lending. K33's approach is really impressive.
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AllInAlice
· 5h ago
K33's technique is indeed impressive; they've also invested their own BTC, which shows genuine confidence. Not the kind of institution that just talks about being optimistic but doesn't dare to act on it.
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BlockchainNewbie
· 5h ago
Now traditional finance is also starting to play with yield earning. K33's move is really clever—investing their own tokens into it. That's what you call confidence.
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DataChief
· 5h ago
Traditional institutions are really competing now, putting their own BTC in as well. Now that's called confidence.
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SmartContractPhobia
· 6h ago
Haha, K33's move this time is pretty impressive. Putting their own BTC into liquidity—now that's a real player, not just empty talk.
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UncommonNPC
· 6h ago
Putting your own coins on the line, this guy truly believes in BTC, not just a talker.
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NewDAOdreamer
· 6h ago
Damn, traditional institutions are really starting to get involved. I have to admit, K33 pouring their own money in this time makes me a bit convinced; it's not just a pure money-grabbing move.
Public company K33 launches BTC/ETH collateralized lending, stablecoin loan services officially go live
【BitPush】Norwegian publicly listed company K33 has recently taken new actions. The company announced the launch of a crypto asset collateralized lending service, where users can use Bitcoin and Ethereum as collateral to obtain loans in stablecoins like USDC. The initial phase is only open to some qualified customers.
Interestingly, K33 is not just offering services without backing. They have also invested their own Bitcoin holdings, with a clear purpose — to provide liquidity and generate returns on these digital assets. Essentially turning Bitcoin in cold wallets into interest-earning financial instruments. This combined approach allows K33 to meet clients’ financing needs while finding new avenues for asset appreciation. This also reflects the accelerating exploration of traditional financial institutions into the commercialization of crypto assets.