Nordic digital asset broker K33 announced on the 19th that it has officially launched a crypto-backed lending service, allowing clients to borrow stablecoins without selling their cryptocurrencies.
CRYPTO FINANCE EXPANDS IN THE NORDICS
K33 has unveiled a new crypto-backed lending product that allows users to borrow $USDC while retaining ownership of their Bitcoin.
According to CEO Jenssen, the move highlights Bitcoin’s transition into a treasury-grade asset and signals… pic.twitter.com/rYNWTtgT7N— Iqbal Khan (@_iqbalkhan777) January 19, 2026
Unlocking Liquidity Without Selling Crypto
Under the new offering, K33 clients can deposit Bitcoin (BTC) and other digital assets as collateral to secure loans denominated in USD Coin (USDC), a U.S. dollar–pegged stablecoin. The structure enables investors to access liquidity while maintaining long-term exposure to their crypto holdings.
K33 CEO Torben Bull Jenssen described the launch as a “natural next step” in the company’s evolution. He emphasized that the service is designed to help clients meet short-term liquidity needs without forcing them to sell assets they trust for the long term.
The product is particularly appealing during periods of market volatility. For investors who remain bullish on Bitcoin or Ethereum but require temporary access to cash, crypto-backed loans provide a flexible alternative to outright liquidation.
Expanding Financial Services in the Nordic Market
Crypto-collateralized lending has been largely absent from the Nordic financial landscape. With this launch, K33 aims to differentiate itself by combining its brokerage operations with balance-sheet–driven financial solutions, reinforcing its position as a full-service digital asset firm in the region.
The lending initiative also aligns closely with K33’s broader Bitcoin treasury strategy. The company previously raised approximately $18 million to support the acquisition of up to 1,000 BTC, signaling a long-term commitment to Bitcoin as a strategic asset.
Rather than holding Bitcoin passively, K33 plans to deploy its crypto reserves through services such as collateralized lending to generate yield and diversify revenue streams. This approach allows the firm to actively leverage its balance sheet while expanding client offerings.
Risk Management and Loan Structure
The new product allows eligible clients to borrow USDC against Bitcoin (BTC) or Ethereum (ETH) collateral. Key terms, including loan size, duration, and loan-to-value (LTV) ratios, are negotiated individually with each borrower.
K33 has implemented conservative risk management protocols, including margin calls and liquidation mechanisms designed to mitigate market volatility. If the value of the collateral falls below predefined thresholds, borrowers may be required to add collateral or face partial or full liquidation.
Initially, the service is available only to a limited group of selected clients. Interested parties must register through K33’s website and complete credit assessments and contractual procedures before gaining access.
