Two Prime's Bitcoin loans issued in the third quarter reached a record of $827 million

ChainCatcher news, according to CoinDesk, on Thursday, Two Prime's lending subsidiary Two Prime Lending announced that it has issued a record $827 million in Bitcoin collateralized loans, with a total committed loan amount reaching $2.55 billion since launching its business in March 2024.

CEO and co-founder Alexander S. Blume stated that this reflects the increasing acceptance of Bitcoin by institutions and the demand for complex lending and derivatives solutions. It is reported that Two Prime's clients include CleanSpark, Hut 8, Kindly MD (Nakamoto), and Fold.