Loan

Lava, backed by Peter Thiel’s Founders Fund, launches “Get Paid in Bitcoin,” a zero-fee feature allowing users to convert paychecks into bitcoin, with USL soccer player Alex Crognale as an angel investor.

Acacia Research teams up with Unchained and Build to invest in Bitcoin-collateralized commercial loans, aiming to generate strong risk-adjusted returns.

Xapo Bank now offers bitcoin-backed loans, allowing members to access USD funds using their BTC as collateral without asset sales.

Ledn will use the loan to fund the growth of its retail lending operations.

The company also saw a 88% spike in institutional and corporate accounts, as well as a 260% surge in its inheritance service clientele.