Massive move from Wall Street: one of America's banking titans with $1.7 trillion in assets is rolling out credit lines backed by Bitcoin. This marks another watershed moment as traditional finance deepens its embrace of digital assets. The product allows customers to leverage their BTC holdings without selling—a game-changer for institutional and high-net-worth holders seeking liquidity while maintaining crypto exposure. Could this trigger a domino effect across other major banks?
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ContractSurrender
· 23h ago
Haha, another routine to cut leeks? Not selling coins but still cashing out, sounds good but who really dares to use it—who's the fool?
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StakeWhisperer
· 23h ago
ngl now traditional finance is really panicking, directly using BTC as collateral... it should have been like this a long time ago.
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TokenDustCollector
· 23h ago
NGL, this time traditional finance has really surrendered. BTC directly appears on major banks' balance sheets, and they still haven't sold coins to borrow money... Old-established banks are truly panicking.
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ZenChainWalker
· 23h ago
Wow, is traditional finance really going all in?
But come to think of it, does this thing have any benefit for retail investors...
Finally waiting for this day, it should have been like this a long time ago
Banks are now eyeing our BTC haha
Now institutions are even more aggressive, we need to work harder
I'm optimistic about this trend, just the fees are a bit annoying
Oh my, has Wall Street really surrendered?
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SandwichDetector
· 23h ago
Oh my god, is traditional finance really going all in?
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This BTC collateral loan scheme, someone should have done it long ago.
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Another big bank is about to get on board. Can other firms still bear to watch? Haha
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The giant beast worth 1.7 trillion has moved. Can the other players still sit tight?
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Real liquidity black magic—no need to sell coins to cash out. That’s impressive.
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Are banks collectively awakening...
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The current question is: who will bear the risk, and will regulators suddenly step in?
Massive move from Wall Street: one of America's banking titans with $1.7 trillion in assets is rolling out credit lines backed by Bitcoin. This marks another watershed moment as traditional finance deepens its embrace of digital assets. The product allows customers to leverage their BTC holdings without selling—a game-changer for institutional and high-net-worth holders seeking liquidity while maintaining crypto exposure. Could this trigger a domino effect across other major banks?