{"id":627210,"date":"2026-07-10T11:53:41","date_gmt":"2026-07-10T11:53:41","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/07\/10\/japanese-lender-launches-bitcoin-backed-loans-of-up-to-6-2m\/"},"modified":"2026-07-10T11:53:41","modified_gmt":"2026-07-10T11:53:41","slug":"japanese-lender-launches-bitcoin-backed-loans-of-up-to-6-2m","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/07\/10\/japanese-lender-launches-bitcoin-backed-loans-of-up-to-6-2m\/","title":{"rendered":"Japanese lender launches Bitcoin-backed loans of up to $6.2M"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/loan-cash-bitcoin-yen.jpg\" alt=\"Japanese lender launches Bitcoin-backed loans of up to $6.2M\" class=\"type:primaryImage\" \/><\/p>\n<p>CRYL is offering Bitcoin-backed loans to individuals and businesses as Japanese firms explore broader uses for BTC in lending and credit markets.<\/p>\n<p>Japanese lender CRYL has launched Bitcoin-backed loans of up to 1 billion yen ($6.2 million), allowing individuals and businesses to raise fiat currency without selling their BTC.\u00a0<\/p>\n<p>On Thursday, the company <a href=\"https:\/\/prtimes.jp\/main\/html\/rd\/p\/000000001.000185286.html\">announced<\/a> that borrowers can access between 1 million yen ($6,200) and 1 billion yen ($6.2 million) at annual rates of 3.5% to 7%. The loans carry collateral ratios of 40% to 60%. They run for one year and can be used for expenses, including taxes, business funding and property purchases.<\/p>\n<p>The launch expands Japan\u2019s small market for regulated crypto-backed financing. In 2020, Fintertech, a Daiwa Securities Group and Credit Saison joint venture, <a href=\"https:\/\/fintertech.jp\/news\/20200415_press_dbl\/\">launched<\/a> a similar service and currently lends up to $3 million against Bitcoin or Ether. However, CRYL&#8217;s service advertises a higher ceiling and a lower minimum, while limiting collateral to BTC.\u00a0<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/japan-cryl-bitcoin-backed-loans-6-million\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>CRYL is offering Bitcoin-backed loans to individuals and businesses as Japanese firms explore broader uses for BTC in lending and credit markets. Japanese lender CRYL has launched Bitcoin-backed loans of up to 1 billion yen ($6.2 million), allowing individuals and businesses to raise fiat currency without selling their BTC.\u00a0 On Thursday, the company announced that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":627211,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-627210","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/627210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=627210"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/627210\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/627211"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=627210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=627210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=627210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}