K33 launches cryptocurrency-backed lending service, supporting BTC and ETH as collateral.

PANews reported on January 20th that, according to CoinPost, Norwegian listed company K33 announced the launch of a crypto lending service secured by Bitcoin and Ethereum. The initial phase will be open to select eligible customers, with loans disbursed in stablecoins such as USDC. K33 stated that it will also incorporate its own Bitcoin holdings into the service, creating a profitable digital asset solution.

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