CoinDesk·4 min read·medium

Bitcoin-backed lending is entering its institutional era: Two Prime

J
James Van Straten
Bitcoin-backed lending is entering its institutional era: Two Prime
AI Summary

MARA Holdings has secured $600 million in loans by pledging a significant portion of its bitcoin holdings as collateral, signaling a shift toward institutional-grade bitcoin-backed lending. This trend allows corporations to access capital for infrastructure and acquisitions without liquidating their digital asset positions.

MARA Holdings (MARA) provided one of the clearest examples this month, pledging 18,750 BTC to secure $600 million through two term loans from Coinbase Credit and Two Prime Lending.

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