In the third quarter of the year, two prominent financial institutions, known for their substantial impact in the market, achieved a remarkable milestone by securing an impressive total of $827 million in Bitcoin-backed loans. This significant achievement highlights the growing acceptance and integration of cryptocurrency into traditional finance, showcasing the increasing demand for innovative financial products that leverage digital assets.
source: https://www.coindesk.com/markets/2025/10/08/two-prime-hits-record-usd827-million-in-q3-bitcoin-backed-loans