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Crypto-backed loan

Traditional fintech lender offering crypto-backed loans with higher max LTV and optional liquidation protection in some states.

Best for: Borrowers comfortable with higher leverage and a non-crypto-native brand.

Product and eligibility

Product type

Fixed-term loan

Collateral

BTC and selected altcoins

Eligible borrowers

Individuals

US availability

Many states; not all

Custody model

Custodial / lender-held

MPC / Figure Markets custody

Rehypothecation

PoR / audits / insurance

MPC wallet with on-chain address claims

Track record

Large traditional lending volume; crypto loans newer

Notice, grace period, partial vs full sale, and fees all differ by provider.

1. Starting LTV

75%

2. Margin call

Courtesy notice near margin-call threshold; exact public LTV threshold not dual-sourced

3. Cure window

Top-up / restore LTV after margin call; fixed hours not dual-sourced

4. Liquidation

85%

At 75% starting LTV, Bitcoin must fall about 11.8% for LTV to reach 85%.

Max initial LTV: Up to 75%
Liquidation style: Partial typical; protection product available in some states
Liquidation fee: 2% (certain regions; see offer docs)
Collateral retrieval: No mid-loan excess retrieval

Rate range	8.91% interest (9.999% APR) at 50% LTV; 11.50% interest (12.62% APR) up to 75% LTV (rates change often)
Origination fee	1%
Prepayment fee	0% claimed
Renewal / refinance	Varies
Minimum loan	About $5,000
Term options	About 12 months interest-only common
Liquidation fee	2% (certain regions; see offer docs)
Collateral retrieval	No mid-loan excess retrieval
US availability	Many states; not all
Unique features	Higher LTV; optional Liquidation Protection; HELOC brand

Borrowers comfortable with higher leverage and a non-crypto-native brand.

You need collaborative custody or mid-loan excess collateral pulls.