Leggi questo articolo in Italiano Italiano

2 min read 18 Mar 2025

Bitcoin-backed loans: Xapo Bank offers up to $1 million

By Davide Grammatica

Xapo Bank relaunches the Bitcoin-backed loans sector, hit hard by the collapse of CeFi platforms such as Celsius and BlockFi in 2022

Bitcoin-backed loans: Xapo Bank offers up to $1 million

Loans and Bitcoin: new perspectives

Loans backed by Bitcoin are back in the spotlight for investors following a new initiative from Xapo Bank, a private bank based in Gibraltar, which now offers access to loans of up to $1 million, with flexible repayment plans.

The sector had been severely affected in 2022, when the collapse of the main players Celsius and BlockFi had alienated a large portion of investors, who had since become suddenly cautious about using such products.

However, Xapo Bank has all the necessary authorizations to operate as a traditional bank, and therefore plays on a different field than Celsius and BlockFi.

The bet is that this initiative will rekindle enthusiasm among a certain audience of investors, providing a series of loan solutions that can satisfy the demand for access to liquidity and, at the same time, preserve the long-term value of BTC.

Xapo's move

“Many long-term holders have turned away from crypto-backed loans after seeing opaque lending practices,” said Seamus Rocca of Xapo Bank in an interview with The Block. “We are doing things differently, offering our customers the flexibility to pursue their long-term investment strategy while continuing to access the value of their BTC when needed“.

This new product would allow ”qualified” customers to use their BTC as collateral to access credit in dollars. All this, without having to sell them, provided that the asset price does not fall below the loan-to-value ratio threshold.

Eligible customers will be able to calculate their loan limit directly from the bank’s app, and funds can be deposited directly into their bank account. The BTCs used as collateral, on the other hand, will be held in a vault until repayment.

X

Vuoi essere IL PRIMO a conoscere ciò che muove il mercato?

Resta aggiornato in tempo reale con le notizie importanti, dati e analisi ESCLUSIVE

bitcoin
Bitcoin (BTC) $ 82,968.23
ethereum
Ethereum (ETH) $ 1,933.54
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.29
bnb
BNB (BNB) $ 618.24
solana
Solana (SOL) $ 126.01
usd-coin
USDC (USDC) $ 1.00
cardano
Cardano (ADA) $ 0.708362
dogecoin
Dogecoin (DOGE) $ 0.168251
tron
TRON (TRX) $ 0.234604
staked-ether
Lido Staked Ether (STETH) $ 1,932.48
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 82,822.19
leo-token
LEO Token (LEO) $ 9.76
chainlink
Chainlink (LINK) $ 13.89
the-open-network
Toncoin (TON) $ 3.56
stellar
Stellar (XLM) $ 0.277807
usds
USDS (USDS) $ 0.999842
wrapped-steth
Wrapped stETH (WSTETH) $ 2,320.91
avalanche-2
Avalanche (AVAX) $ 19.14
pi-network
Pi Network (PI) $ 1.14
hedera-hashgraph
Hedera (HBAR) $ 0.187083
shiba-inu
Shiba Inu (SHIB) $ 0.000013
sui
Sui (SUI) $ 2.32
mantra-dao
MANTRA (OM) $ 7.04
polkadot
Polkadot (DOT) $ 4.53
litecoin
Litecoin (LTC) $ 90.03
bitcoin-cash
Bitcoin Cash (BCH) $ 333.28
bitget-token
Bitget Token (BGB) $ 4.61
ethena-usde
Ethena USDe (USDE) $ 0.999676
weth
WETH (WETH) $ 1,932.99
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
hyperliquid
Hyperliquid (HYPE) $ 13.97
wrapped-eeth
Wrapped eETH (WEETH) $ 2,052.45
whitebit
WhiteBIT Coin (WBT) $ 28.14
monero
Monero (XMR) $ 208.98
uniswap
Uniswap (UNI) $ 6.36
susds
sUSDS (SUSDS) $ 1.04
aptos
Aptos (APT) $ 5.49
dai
Dai (DAI) $ 0.999951
okb
OKB (OKB) $ 52.25
near
NEAR Protocol (NEAR) $ 2.59
pepe
Pepe (PEPE) $ 0.000007
internet-computer
Internet Computer (ICP) $ 5.85
ethereum-classic
Ethereum Classic (ETC) $ 17.90
gatechain-token
Gate (GT) $ 21.98
mantle
Mantle (MNT) $ 0.800017
ondo-finance
Ondo (ONDO) $ 0.840688
aave
Aave (AAVE) $ 171.28
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 82,968.23
tokenize-xchange
Tokenize Xchange (TKX) $ 31.03