Norwegian listed company K33 launches crypto-collateralized lending service

Foresight News reported that, according to a certain exchange, Norwegian listed company K33 has launched a crypto-collateralized lending service, allowing users to use BTC and ETH as collateral to obtain loans, with funds disbursed in stablecoins such as USDC. This product is currently only available to select eligible clients. K33 also stated that it will incorporate the company's bitcoin holdings into business operations to expand the yield-generating applications of digital assets.