Xapo Bank Opens BTC Credit Fund to All Qualified Members Following Successful $100M Pilot

Xapo Bank Expands Access: Xapo Bank is opening its BTC Credit Fund to all eligible members after a successful pilot phase that raised $100 million, aiming to provide regulated wealth-management tools for long-term Bitcoin holders.

Conservative Lending Approach: The BTC Credit Fund allows members to earn 4%-5% annual returns by lending Bitcoin to vetted institutions, emphasizing a conservative strategy without fund-level leverage, in contrast to high-risk lending practices seen in other crypto firms.

Regulatory Approval and Eligibility: Following regulatory approval in Gibraltar, the fund is now accessible to members who meet specific eligibility criteria, reinforcing Xapo's commitment to a regulated digital-wealth ecosystem for Bitcoin holders.

Comprehensive Bitcoin Financial Services: Xapo Bank is enhancing its offerings with a range of Bitcoin-based financial products, including a Bitcoin Savings Account, Bitcoin-Backed USD Loans, and a Global Debit Card, positioning itself as a secure and compliance-focused player in the crypto sector.