Insider: Twenty One Capital plans to launch Bitcoin-backed US dollar loan business
By: Cointime
Twenty One Capital is planning to carry out a USD loan business with Bitcoin as collateral. The company currently holds about 43,500 bitcoins, an increase of 1,500 from the original plan, valued at approximately $5.13 billion at current prices. This includes about 5,800 bitcoins recently purchased from Tether company.
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