Crypto Broker K33 Rolls Out Collateralized Loans Using Bitcoin and Ethereum

Nordic digital asset broker K33 has expanded its product lineup with the launch of a crypto-backed lending service designed for investors who want access to liquidity without selling their digital assets.

The new offering allows eligible clients to use Bitcoin or Ethereum as collateral and borrow funds in USD Coin, positioning K33 among the first regulated firms in the Nordic region to provide balance-sheet-funded crypto loans.

The service targets long-term holders who prefer to stay exposed to potential upside in crypto markets while raising capital for expenses, portfolio rebalancing, or new investments. Instead of liquidating assets at prevailing market prices, clients pledge their holdings and receive funding, maintaining ownership while improving short-term flexibility.

How K33’s lending model is structured

Unlike many crypto lending platforms that rely on external liquidity pools, K33 finances these loans directly through its own Bitcoin treasury, which the firm established in 2025. This internal funding approach allows K33 to manage risk more closely and offer loans without depending on third-party capital providers.

Because the underlying crypto remains untouched, borrowers avoid forced sales that could otherwise occur during periods of heightened market volatility.

Loans are issued in USDC, giving borrowers a stable reference currency. From there, funds can be converted into fiat currencies such as Norwegian krone, euros, or US dollars, depending on the client’s needs and location.

Rollout, access, and regulatory oversight

K33 is introducing the lending service in a phased rollout, initially opening access to a limited group of clients. Prospective borrowers are required to submit an expression of interest and undergo eligibility and compliance checks, reflecting the company’s regulated status within the Nordic financial framework.

With this launch, K33 moves beyond pure brokerage and trading services, adding a credit product tailored to investors who want liquidity without exiting their positions. The expansion underscores growing demand for regulated crypto financing solutions that combine flexibility with traditional risk controls.

Read our full guide to the best crypto airdrops for this year.