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Unchained vs Strike bitcoin loan: eligibility and custody. Unchained (Unchained Capital) lends to businesses from $150,000 via multisig. Strike lends to individuals from $10,000 via a custodian that can lend your coins on. Bitcoin Loans Market Editorial Most borrowers can rule one of these two out before reading past the first paragraph. Unchained only lends to registered business entities, with a $150,000 minimum. Strike lends to ordinary retail borrowers from $10,000. Eligibility settles the question for most readers immediately. For the smaller group who could genuinely use either, the deeper difference is custody. Unchained holds your Bitcoin in a 2-of-3 multisig where you hold one key and Unchained physically cannot move your coins alone. Strike holds collateral with unnamed "qualified custodians" and its terms permit a single rehypothecation of your collateral to a capital partner. That distinction, plus what happens to your coins if the price falls, matters more than the headline rate. Who can actually borrow from each provider? Unchained does not originate loans to private borrowers. The borrower must be a registered business entity, an LLC or a corporation. Sole proprietorships do not qualify, though single-member LLCs do. The minimum loan is $150,000, and the term runs 360 days. Strike lends to individual borrowers as well as businesses, with a minimum loan of $10,000 on a 12-month standard term. For most retail Bitcoin holders looking to borrow a few thousand or a few tens of thousands of dollars, Unchained is simply not an option. The comparison only becomes live if you run a qualifying business and are borrowing $150,000 or more, in which case both Unchained and Strike are worth putting side by side. Custody: a key you hold vs a custodian that can lend your coins on. Unchained uses a 2-of-3 multisig structure. Your Bitcoin sits in a multisig address on the blockchain. You hold one key, Unchained holds a second, and an independent third-party key agent holds the third. Moving the collateral requires two of the three signatures, so Unchained cannot move your Bitcoin unilaterally, and neither can the key agent acting alone. That also means Unchained and the key agent together hold enough signatures to move your coins without you, which is exactly what happens if a collateral call goes uncured: see the foreclosure mechanics below. Rehypothecation to a third party is not possible without a second signature, so the multisig structure rules that out by design rather than by policy. Strike holds collateral with custodians it describes as "qualified" but has not named publicly. Strike's terms permit a single rehypothecation of your collateral to a capital partner, meaning your Bitcoin can be passed on for use in that partner's financial operations during the loan term. Strike introduced a Lending Proof of Reserves system in April 2026, built with Tether, which verifies collateral against distinct on-chain addresses; clients with 50 or more BTC on deposit can get full dedicated-address verification. That system confirms your collateral exists and has not been commingled. It does not remove the contractual right to rehypothecate it. For a fuller explanation of what that right means in practice, see its guide to rehypothecation in Bitcoin lending. Neither structure is free of counterparty risk. Unchained's multisig means no single party, including Unchained, can move your coins without your signature or the key agent's. Strike's custodial model puts more trust in the platform and its undisclosed capital partner, offset by proof-of-reserves verification that Unchained does not offer in the same form. Editor pick · Loan Compare it against the cheapest live rate Fixed · Open · DeFi representative APR from Sponsored link. Rate and eligibility set by Ducat, not by Bitcoin Loans Market Ltd.. See its disclosures. What happens if your collateral drops? This is the part most rate comparisons skip, and it is the sharpest practical difference between the two providers. Unchained sets its terms around a 200% collateral-to-principal ratio, equivalent to 50% LTV. If a price fall pushes the ratio below that threshold, you get a cure period to add collateral or make a partial repayment. If the position is not cured, Unchained forecloses on the loan and sells the entire collateral balance, not a proportional slice of it. There is no partial-liquidation mechanism at Unchained: once foreclosure triggers, the whole position is sold to recover the loan. Strike's standard loan caps borrowing at 50% LTV, issues a margin call at 70% LTV with a 72-hour cure window, and moves to automatic partial liquidation at 85% LTV if that window closes without action. Only enough collateral is sold to bring the position back within terms, not the entire balance. Strike also runs a Volatility-Proof product, launched 8 July 2026, which removes price-triggered liquidation entirely for the life of the loan. The trade-off is a 45% max LTV, a fixed six-month term, no upsizing, no mid-term conversion, and no early return of collateral. The one liquidation risk that remains on that product is missing a scheduled payment: Strike allows a 10-day grace period, and liquidates to recover the balance if you do not settle within it. Put plainly: Unchained is all-or-nothing once foreclosure triggers, Strike's standard product sells only what it needs to, and Strike's Volatility-Proof product removes price risk but not payment-default risk. For worked examples of how LTV and price falls interact across lenders, see its guide to LTV and liquidation thresholds, and for what a missed payment actually triggers, see what happens if you default on a Bitcoin loan. Rates and total cost compared. Unchained charges 12.00% interest with a 2.00% origination fee, giving a published APR of 14.18%, confirmed in Unchained's published loan terms. Payments are interest-only each month, with the principal due at the end of the 360-day term. Strike charges no origination fee. Its standard loan runs roughly 7.75% to 11.25% APR depending on loan size, with most borrowers in the $50,000 to $250,000 range paying close to 10.5% APR, as reported by strike.me and cross-checked independently. The Volatility-Proof product runs higher, roughly 10.7% to 14.2% APR, a premium of around 2.95 percentage points over the equivalent standard rate. That premium is what you pay to remove price-triggered liquidation for six months. At the loan sizes where both providers actually overlap, $150,000 and above, Strike's standard rate is meaningfully cheaper than Unchained's 14.18% APR. Rates change without notice on both platforms; verify current figures directly with each provider before applying. Which provider fits your situation? You are borrowing personally, not through a registered business. Strike only. Unchained does not originate loans to individuals. Your loan is under $150,000. Strike only. Unchained's minimum is $150,000. You are a sole proprietor. Strike only. Unchained requires a registered LLC or corporation. You want to hold one of the keys to your own collateral and rule out rehypothecation by design. Unchained, if your business and loan size qualify. No single party can move your Bitcoin without a second signature. You want the lowest cost at $150,000 or more. Strike's standard product, at roughly 10.5% APR against Unchained's 14.18% APR. You want to hold through a volatile six months without any price-triggered liquidation. Strike's Volatility-Proof product is the only one of the two with that feature, at a higher rate and a fixed short term. You want partial rather than full liquidation if things go wrong. Strike's standard product sells only enough to restore the position. Unchained forecloses on the entire balance once a cure period lapses. Its full comparison table covers rates and terms across every Bitcoin-backed lender Bitcoin Loans Market Ltd. track, including options below Unchained's minimum and outside Strike's eligibility. Faq. Can individual borrowers get a loan from Unchained? No. Unchained lends only to registered business entities, LLCs or corporations, with a $150,000 minimum. Individual borrowers should look at Strike or check its comparison table for other options. Does strike rehypothecate Bitcoin collateral? Strike's terms permit a single rehypothecation of your collateral to a capital partner. Unchained's 2-of-3 multisig structure rules rehypothecation out, since moving the collateral needs two signatures and Unchained holds only one key. See its guide to rehypothecation in Bitcoin lending for what that means for your risk exposure. What happens if Unchained forecloses on my loan? Unchained sells the entire collateral position, not a proportional amount, once a collateral-to-principal violation goes uncured. This differs from Strike's standard product, which liquidates only enough collateral to restore the position within terms. Is Strike or Unchained cheaper for a $200,000 loan? Strike's standard product, at roughly 10.5% APR against Unchained's 14.18% APR. Rates change without notice on both platforms, so verify current figures before applying. Bitcoin-backed loans carry real liquidation risk on both platforms. If BTC falls sharply before you can add collateral or make a payment, your collateral can be sold to cover the outstanding balance, and at Unchained that can mean the entire position rather than a partial amount. Neither provider is covered by FDIC or SIPC insurance. This is not financial advice. Speak to a qualified financial adviser before borrowing against volatile assets. Last reviewed August 2026. Rates, fees, eligibility and custody terms change without notice. Verify current terms directly with each provider before applying. Its comparison table reflects current rates across all Bitcoin-backed lenders as soon as changes are published. Last reviewed 25 August 2026

A proposed merger of three Tether-backed crypto firms has collapsed. Twenty One Capital, Strike and Elektron Energy will no longer combine as originally planned. Jack Mallers, CEO of Twenty One Capital and Strike, has stepped down from his Twenty One role. Elektron CEO Raphael Zagury is taking over that position. Strike will remain standalone, whilst discussions between Twenty One and Elektron continue. Tether owns majority stakes in both Twenty One and Elektron. Tether proposed the deal in April to unite Twenty One Capital's digital-asset treasury, Strike's crypto trading and Elektron's Bitcoin mining. The merger's collapse comes as Bitcoin's price has slumped, causing financial losses at major crypto firms. Zagury said Twenty One Capital will now focus on generating cash flow and capital allocation beyond just Bitcoin accumulation.

Strike enhances services with new features for Bitcoin users. July 21st, 2026 Strike news: New features enhance the user experience for Bitcoiners. Here's why these updates matter for the community. Quick take. Summary is AI generated, newsroom reviewed. * Strike rolled out new features to improve service for Bitcoin users. * Plaid support and consumer lending are notable additions. * These enhancements aim to streamline user interactions. Sponsored: Coinfomania - Get your ad in the spotlight. Book your slot! Strike recently announced its latest enhancements aimed at improving the experience for Bitcoin users. According to their official tweet, they have introduced Plaid support, consumer lending options in Washington, and a faster method for loan repayments. This proactive approach is part of their ongoing commitment to better serve the Bitcoin community, as detailed in their Twitter thread. The story so far. The broader crypto market is currently displaying mixed signals, which adds context to Strike's recent updates. The announcement comes at a time when traders are keenly observing shifts in user engagement and service offerings across platforms. With the introduction of Plaid support, users can anticipate a more seamless integration of banking services, while the lending features are tailored to cater specifically to the needs of consumers in Washington. These developments reflect Strike's strategy to capitalize on growing demand for accessible financial products in the crypto space. Strike has established itself as a key player in the cryptocurrency ecosystem, particularly in enhancing user experience for Bitcoin-related services. The company's prior initiatives include completing a Q2 independent Lending Proof of Reserves, which confirmed a 1:1 collateral ratio for customer funds. This latest round of enhancements is part of a broader trend of increasing competition among crypto service providers to attract and retain users. Where do Coinfomania LLC go from here. Traders should watch how these new features impact user growth and engagement metrics for Strike. The integration of Plaid could lead to increased transaction volumes, while the lending options may attract new users seeking financial flexibility. Additionally, monitoring whale activity could provide insights into how large holders respond to these service updates. Contributors: Coinfomania News Room Followed by top voices in crypto Follow Coinfomania LLC on google news. Get the latest crypto insights and updates.