TechFlow reported on February 20 that, according to CoinDesk, bitcoin financial services firm Onramp has partnered with lending platform Arch to launch a bitcoin collateralized lending service. This service allows BTC holders to use their assets as collateral to obtain cash or stablecoin loans without selling their bitcoin, thereby gaining liquidity.
According to the official announcement, Arch is responsible for underwriting and loan disbursement, while Onramp handles platform integration. By securing loans through bitcoin collateral, users can avoid capital gains taxes while maintaining exposure to potential bitcoin price appreciation.
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