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Xapo Bank Offers Bitcoin-Backed Loans Giving Access to $1M in Cash Without Selling BTC

The product is designed for long term holders of bitcoin who might be looking for a loan to buy or upgrade a property, or buy a new car, Xapo said.

Xapo CEO Seamus Rocca (Xapo)
Xapo CEO Seamus Rocca (Xapo)