Strike to launch Bitcoin-backed lending "within days" – CEO Jack Mallers

According to a recent post, the Bitcoin payments platform Strike is set to launch a new $BTC lending platform.

Crypto Point's post read: "According to reports by BTC_Archive, Strike to launch Bitcoin-backed lending ‘within days’.

'Bitcoin loans represent a shift toward expanding the ways the world’s largest digital asset can be used as a financial product. By offering liquidity without the exchange of ownership of the coin, borrowers gain liquidity and maintain their exposure to Bitcoin.

Recently, it was also announced that Jack Mallers became the CEO of Twenty One Capital, a financial company backed by Cantor Fitzgerald, one of the most important global financial services firms out there, with a legacy dating back to 1945. Twenty One Capital is also backed by stablecoin giant "Tether" and SoftBank.

Now, holding a dual leadership role, Mallers raises questions about whether Strike's lending platform will tie into Twenty One Capital's broader Bitcoin financing strategy.

Mallers's leadership at Twenty One Capital adds another layer to the conversation. The firm is launching with 42,000 BTC in its treasury, positioning itself as a major Bitcoin acquisition vehicle. Meanwhile, its backing from Cantor Fitzgerald, Tether, and SoftBank suggests it has serious financial firepower behind it.

With Strike now entering the Bitcoin-backed lending space, many in the industry are speculating that Strike's lending service could align with Twenty One Capital's broader financial strategy.

Cantor Fitzgerald—one of Twenty One Capital's backers—has hinted several times in the past that it could launch a similar BTC-lending product. Strike's most recent move raises suspicion that the company could soon merge with Twenty One Capital.

If Twenty One Capital moves to acquire Strike, it could mean the creation of a Bitcoin-powered financial institution, one that offers loans, treasury management, and investment services—all centered around Bitcoin.

While no formal acquisition has been announced, the timing of Strike's lending rollout and Mallers's leadership move raises questions about what comes next."

This is an example of how the news was covered in the cryptocurrency community. Many users were excited about the possibilities that this new development could bring.

One user commented: "Jack Mallers is a visionary. Can't wait to see what he does next."

Another user added: "This is huge for the crypto space. Finally, we're seeing some serious players enter the game."

A third user responded: "I'm really impressed with what Mallers has been able to achieve with Strike and now Twenty One Capital. He's a true leader in the industry."

Overall, the news of Strike's upcoming Bitcoin-backed lending platform was met with enthusiasm by many in the cryptocurrency community. This development could have significant implications for the future of decentralized finance (DeFi) and the broader cryptocurrency market.

It is important to note that this news was covered by several cryptocurrency news outlets and social media accounts. Some of the original sources for this story include BTC_Archive, which is a cryptocurrency news account with over 1.7 million followers on X (formerly known as Twitter).

This post was originally published on Benzinga.

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According to a recent post, the Bitcoin (BTC) payments platform Strike is set to launch a new BTC lending platform ‘within days’.

The crypto news account with over 1.7 million followers— “BTC_Archive” —shared a post on X, confirming the news.

The post read: “Bitcoin loans represent a shift toward expanding the ways the world’s largest digital asset can be used as a financial product. By offering liquidity without the exchange of ownership of the coin, borrowers gain liquidity and maintain their exposure to Bitcoin.”

Announcing the news, the news outlet wrote: “According to reports by BTC_Archive, Strike to launch Bitcoin-backed lending ‘within days' ”.

Further explaining the development, the post added: “Recently, it was also announced that Jack Mallers became the CEO of Twenty One Capital, a financial company backed by Cantor Fitzgerald, one of the most important global financial services firms out there, with a legacy dating back to 1945. Twenty One Capital is also backed by stablecoin giant 'Tether' and SoftBank.”

Now, holding a dual leadership role, Mallers raises questions about whether Strike’s lending platform will tie into Twenty One Capital’s broader Bitcoin financing strategy.

Mallers’s leadership at Twenty One Capital adds another layer to the conversation. The firm is launching with 42,000 BTC in its treasury, positioning itself as a major Bitcoin acquisition vehicle. Meanwhile, its backing from Cantor Fitzgerald, Tether, and SoftBank suggests it has serious financial firepower behind it.

With Strike now entering