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The crypto lending platform has moved from a fringe option to an increasingly mainstream path to liquidity. Perhaps that comes as little surprise; after all, crypto itself is more mainstream than ever, with nearly one million investors now holding at least one whole Bitcoin, according to data publicly available on the blockchain. And last year, it was estimated that Bitcoin holdings now account for over 0.3% of all global wealth. Even altcoins and memecoins are seeing higher popularity in 2025.
When you hold assets in crypto, leveraging your Bitcoin or Ethereum as collateral for a crypto-backed loan can allow you to access capital quickly without selling off your holdings or incurring taxable capital gains. It’s a way to potentially unlock the value of your d