loan

Figure Lending LLC, a cryptocurrency lending institution, offers cryptocurrency-backed loans where borrowers can use Bitcoin, Ethereum, or Solana as collateral to obtain cash up to 75% of the collateral's value while retaining ownership of the tokens. Borrowing typically does not constitute a sale and generally does not trigger a capital gains event.Figure Lending LLC states that borrowers should compare the maximum loan-to-value ratio, fixed or variable interest rates, regulatory licensing, and liquidation terms. The institution offers fixed rates with a loan term of 12 months, a maximum annual percentage rate of 12.62%, and supports same-day funding without requiring a credit score, with approval based on the collateral. Figure provides an optional liquidation protection feature available in some states, which can delay liquidation during the loan term due to price declines; however, liquidation may still occur if the loan is overdue. This feature does not apply to situations of non-payment, default, or violation of loan terms, and a decline in cryptocurrency asset prices may still trigger margin calls.

According to Crowdfund Insider, Bitcoin mining company MARA Holdings disclosed in its latest quarterly SEC filing that it has pledged 18,750 BTC as collateral for two Bitcoin-backed loans, with a total principal of $750 million.The financing provided by Coinbase Credit includes refinancing of an existing $150 million credit line and an additional $300 million; Two Prime Lending also provided a $300 million loan. Both loans have been fully drawn, with a combined financing cost of approximately 7.56%, primarily maturing in August 2028.The pledged 18,750 BTC was valued at approximately $1.2 billion at the time of the transaction. If the price of Bitcoin falls and the collateral ratio drops below the agreed level, MARA may face additional collateral requirements; otherwise, the related BTC is at risk of liquidation. The new funds will primarily be used for general corporate purposes and to support MARA's acquisition of Long Ridge Energy & Power.The transaction values the company at approximately $1.5 billion, with Long Ridge owning a natural gas power plant in Ohio, USA, with an expected installed capacity of 505 MW, as well as over 1,600 acres of industrial land. MARA plans to further develop the area into a base for Bitcoin mining, AI, and high-performance computing infrastructure.

Bitwise CEO posted on the X platform that a large bank has allowed customers to borrow against the Bitwise Solana Staking ETF (BSOL), with a maximum loan-to-value ratio of 25%. He expressed his pleasure in seeing cryptocurrency continue to integrate into the mainstream financial system.

Lambda, an AI cloud computing service provider supported by Nvidia, is financing $917 million through the leveraged loan market to procure AI chips. As the construction of artificial intelligence infrastructure accelerates, chip financing is becoming a new way for capital investment in the AI industry. Lambda belongs to the rapidly developing "new cloud vendor" camp in recent years, with its main business being to provide GPU computing power and AI infrastructure services to enterprises and developers.This financing plan will be completed through a loan based on GPU asset-related rights, aimed at supporting the company's expansion of AI computing resources. Reports indicate that AI infrastructure companies are actively exploring new financing methods to meet the enormous capital investment required for building large-scale computing clusters. Previously, AI cloud service provider CoreWeave completed the first transaction in the institutional leveraged loan market for chip financing, providing a new financing model for the industry. As the demand for generative AI continues to grow, Nvidia's GPU supply has become a core resource for AI companies' expansion. By using GPU assets as the basis for financing, AI cloud service providers can rapidly scale their computing power without fully relying on equity financing, while also allowing the traditional credit market to participate in the wave of AI infrastructure investment.

According to BBX data, global enterprises announced core indicators regarding liquidity management of crypto assets, mining output, and treasury earnings last weekend:MARA achieved a $600 million Bitcoin collateral loan: Mining giant MARA Holdings (NASDAQ: MARA) disclosed in its quarterly report submitted to the U.S. Securities and Exchange Commission (SEC) that on August 4, 2026, the company signed two term loan agreements collateralized by Bitcoin with Coinbase Credit, Inc. and Two Prime Lending Limited. The agreements provide approximately $600 million in new borrowings (with a total credit facility principal of $750 million, including refinancing of the existing $150 million Coinbase credit line).BitFuFu produced 112 BTC in July, with a decrease in holdings due to power costs: Nasdaq-listed Bitcoin mining machine and mining service provider BitFuFu Inc. (NASDAQ: FUFU) announced its unaudited operational metrics for July. The company's Bitcoin production in July was 112 BTC (40 BTC from cloud mining and 72 BTC from self-mining), with an average daily output of 3.6 BTC, showing a decline compared to the previous month. Additionally, its Bitcoin holdings decreased from 1,671 BTC in June to 1,314 BTC. The company explained that the reduction was mainly used to prepay for new power costs starting in August 2026, lasting 330 days.Remixpoint disclosed performance in crypto treasury earnings, earning over 12 BTC from lending: Japanese Bitcoin treasury company Remixpoint released an announcement on its crypto operational performance. As of July 31, 2026, the company's Bitcoin lending principal was approximately 1,501.27 BTC, and it accumulated about 12.44 BTC (approximately 133 million yen) in lending fees from February to July. At the same time, it staked approximately 901.45 ETH and 13,920 SOL, with related staking rewards totaling about 28.89 million yen.Chainlink repurchased nearly 140,000 LINK to replenish reserves: On-chain tracking shows that Chainlink recently repurchased 139,956.08 LINK (worth approximately $1.13 million) and transferred the tokens to its official reserve wallet. It is reported that these tokens were accumulated through multiple exchanges via CoWSwap and consolidated for sending to the reserve.

Bitcoin mining company MARA has completed two loans, obtaining $600 million in new debt after pledging 18,750 bitcoins to expand its power generation and AI infrastructure business. The collateral was valued at approximately $1.2 billion at the time of the transaction. The total principal of the two loans is $750 million, with Coinbase Credit providing $450 million, which includes refinancing of the existing $150 million credit line and an additional $300 million; Two Prime Lending provides another $300 million, and both loans have been fully drawn.The interest rate on the Coinbase loan is the midpoint of the Federal Reserve's target rate range plus 3.875 percentage points, maturing on August 4, 2028; the Two Prime loan has a fixed interest rate of 7.65%, maturing on August 3, 2028. If the principal remains unchanged, the annual interest expense for both loans is approximately $56.7 million. MARA stated that the loan funds will be used for general corporate purposes, including paying part of the cash consideration for the acquisition of Long Ridge Energy & Power LLC. The enterprise value of the transaction is approximately $1.5 billion, and Long Ridge owns a 505-megawatt gas power plant and over 1,600 acres of industrial land, which MARA plans to use for power generation, bitcoin mining, and potential AI and high-performance computing parks.

According to official news from the decentralized stablecoin USDD, the DeFi protocol Pendle has integrated PT-s USDD into its PT Looping module. Users can complete looping loan operations with one click through the Pendle interface, without the need for cross-platform operations. Currently, the looping loan APY for PT-s USDD in the Morpho/USDT market can reach up to 20.87%.It is introduced that the PT Looping module is based on the PT-s USDD/USDT and PT-s USDD/USDC markets on Morpho. This integration aims to significantly enhance the capital efficiency for USDD holders and, combined with the fixed income of PT-s USDD and borrowing space, forms a robust yield portfolio. The official reminds users that they can participate according to their own risk preferences.

According to Jinshi reports, SoftBank Group signed a loan agreement worth $10 billion in August 2026, using OpenAI shares as collateral.

Binance officially launched the Lite Loan small loan product for Bitcoin collateral today, allowing eligible users to borrow up to 1,000 USDT using BTC as collateral, without the need to sell Bitcoin.This product is aimed at users with small, short-term funding needs, and the collateralized Bitcoin can also come from the Simple Earn flexible product while continuing to earn returns. The borrowed USDT can be used for trading.

According to monitoring by Chainalysis, yesterday Hexagate detected that the LpdFi protocol was attacked, resulting in a loss of approximately $700,000. The attacker borrowed about $44 million in a flash loan, artificially inflated the price of LPD tokens by 71 times on the DEX, and then used tokens worth only about $2 million to fake a deposit of approximately $140 million in the protocol.One second later (just crossing the daily interest settlement boundary of the protocol), the attacker collected the interest for the inflated position for an entire day, triggering the protocol to liquidate its entire liquidity pool and pay out the stolen funds. After repaying all loans, the attacker made a profit of about $700,000 and immediately transferred the funds through Relay and TornadoCash.

According to Bloomberg, Thailand's True Internet Data Center is seeking approximately $2 billion in equivalent loans to build new data center facilities to help Thailand develop into a regional AI and cloud services hub.In terms of financing structure, the loan will be divided into three parts, with about $1.8 billion denominated in US dollars, and the other two parts denominated in Thai baht. Sources familiar with the matter requested anonymity as the details of the transaction have not yet been publicly disclosed.

According to Jinshi, since the end of June, margin loans for stock trading in South Korea have fallen by more than 10%. The assets under management of leveraged ETFs linked to Samsung Electronics and SK Hynix plummeted from over $11 billion on June 25 to $4.1 billion, mainly due to the decline in the prices of related stocks. In addition, the funds flowing into such funds over the past two weeks have also turned negative.Ivan Feinseth, Chief Investment Officer of Tigress Financial Partners, stated that large-scale deleveraging is usually a healthy and necessary market adjustment.

According to Jinshi, multiple banks are in talks to provide a $15 billion loan to a data center developer collaborating with Anthropic, with Google providing financial guarantees and chip support.

Coinbase posted on the X platform stating that users can borrow up to 100,000 USDC by staking SOL through jitoSOL, and continue to earn staking rewards, with the borrowed funds available for immediate use.

According to Decrypt, the cross-chain bridge protocol Allbridge has suspended its Core protocol due to a flash loan attack, with the attacker having stolen approximately $1.65 million in assets from the Solana stablecoin liquidity pool.According to analysis by blockchain security firms PeckShield and CertiK, the attacker borrowed $1.12 million in flash loan funds through the Solana lending protocol Kamino, and then manipulated the price mechanism within the Allbridge pool through multiple stablecoin exchange operations to exchange assets at a low price, subsequently transferring the funds across chains to an Ethereum address.During the attack, the attacker exchanged several thousand dollars in USDT to obtain approximately $2.24 million in USDC, and then bridged the funds to Ethereum for further dispersal. It is currently unclear whether some of the funds can still be recovered.Allbridge stated that the team has suspended the Core protocol for security reasons and has requested affected liquidity providers to withdraw their funds immediately. Due to the attack causing an imbalance in the liquidity pool, some traders profited from arbitrage opportunities. Allbridge has called on relevant users to return their profits, stating that the funds will be used to compensate affected LPs.The team indicated that there is no further risk to user funds at this time and will release a detailed incident analysis report after completing the investigation, while also planning to relaunch the Core protocol after removing the liquidity pool. This is the second time Allbridge has encountered a similar flash loan attack. In April 2023, the protocol's BNB Chain liquidity pool suffered a loss of approximately $573,000 due to a similar vulnerability, after which the project team stated that they had recovered most of the funds and adjusted the liquidity calculation mechanism.

The UK HM Revenue and Customs has issued a policy document proposing that starting from April 6, 2027, certain crypto asset loans and liquidity pool arrangements involving individuals and trusts will be subject to a "no gain no loss" treatment, meaning that capital gains tax will be deferred until an economic disposal occurs.

According to a report by South Korea's "Daily Economic News" on July 12, driven by the stock market investment boom and sustained housing demand, the five major commercial banks in South Korea (KB Kookmin, Shinhan, Hana, Woori, NH Nonghyup) saw a surge in household loans in the first half of this year. As of the end of June, the household loan balance of the five major banks (excluding policy loans) reached 647.57 trillion won, an increase of about 3.7 trillion won compared to the end of last year. This means that in just half a year, the five major banks have exhausted 85.3% of the annual new loan limit set by financial regulatory authorities (approximately 4.33 trillion won), with two banks even exceeding the annual new limit ahead of schedule.To meet the strict overall control targets set by financial regulatory departments, banks are currently accelerating the tightening of credit thresholds. For example, KB Kookmin Bank recently significantly lowered the maximum limit for housing loans from 600 million won to 300 million won, while other banks are focusing on limiting new credit loans and reducing overdraft account limits. However, in just the first nine days of July, the household loan balance of the five major banks increased by over 1 trillion won. Industry insiders point out that against the backdrop of a severely limited remaining quota, banks will have to adopt stricter lending measures in the second half of the year to control the annual growth rate, and the South Korean market is expected to face a severe "credit winter."

Bitget VIP Research stated in this week's report that the current market price of STRC is $75 (a discount of 25%), corresponding to a yield of approximately 16%. The Bitget USDT financing rate is 2.56%, with a spread of about 13 percentage points, and the annualized net yield of 1x revolving loan reaches 28.1%. Bitget Reality supports the full process of rSTRC same-account revolving loans without the need for cross-platform operations, with unified risk control and real-time monitoring of LTV.On Monday during U.S. stock market hours, Strategy (MSTR) announced that it would raise the annual dividend yield of STRC to 12% (effective from July 1) and establish two repurchase plans of $1 billion each (with STRC as a priority repurchase target), authorizing the sale of up to $1.25 billion in BTC to ensure priority payment of preferred stock dividends; as of June 28, the company held a total of 847,363 BTC and had a cash reserve balance of $2.55 billion. June 30 is the ex-dividend date, and holding rSTRC will entitle holders to the current dividend (of $0.48 per share, payable on July 15).