xapo

According to Cointelegraph, the "2025 Digital Wealth Report" released by Xapo Bank in Gibraltar shows that the usage pattern of its Bitcoin mortgage loan business is shifting from short-term liquidity to long-term financial planning.The report states that 52% of the Bitcoin mortgage loans issued by the bank in 2025 have a loan term of 365 days, and even as new loans slow down within the year, these long-term loans remain outstanding. The bank's CEO, Seamus Rocca, stated that increased confidence in Bitcoin's long-term prospects is prompting holders to choose borrowing over selling, indicating a shift from short-term speculation to long-term thinking. The report notes that although the pace of loan issuance slowed in the second half of the year, the outstanding loan balance continues to grow, suggesting that borrowers are using loans as a long-term tool.

According to market news, Xapo Bank's yield-bearing Bitcoin lending product, the Xapo Byzantine BTC Credit Fund, has officially opened to a broader range of qualified investors after attracting $100 million in member fund allocations during its initial phase.The fund deploys the Bitcoin deposited by users through a fully institutionalized credit process, with loan decisions overseen by the investment committee of the independent investment management firm Hilbert Group. It aims to provide a low-risk, stable income wealth management tool for long-term Bitcoin holders. Tommy Doyle, Head of Global Customer Relationship Management at Xapo Bank, stated, "The Xapo Bitcoin Credit Fund aligns perfectly with our range of Bitcoin wealth products, providing stable returns for our long-term Bitcoin holders with a lower risk appetite." According to the fund's terms, only qualified investors may participate, which may involve minimum investment thresholds and due diligence assessments. Earlier this year, Xapo, known primarily as a cryptocurrency custody institution, began offering Bitcoin-backed dollar loans of up to $1 million. Xapo is also the first bank in the UK to offer interest-bearing Bitcoin and fiat currency accounts.

ChainCatcher news, according to CoinDesk, Xapo Bank, which has a friendly attitude towards cryptocurrencies, has hired Tommy Doyle as its Head of Relationship Management based in London.According to reports, Doyle previously served as the Head of Europe for major cryptocurrency brokerage FalconX and worked in hedge fund sales at the cryptocurrency exchange Coinbase. Before focusing on the cryptocurrency sector, he had a rich career in traditional finance, having worked at Wall Street banks such as Goldman Sachs, Citigroup, and Bank of America (BAC).Xapo Bank is headquartered in Gibraltar and is regulated by the Gibraltar Financial Services Commission (GFSC). The bank began offering Bitcoin-backed loans earlier this year.

ChainCatcher news, according to Cointelegraph, Gibraltar-based crypto-friendly bank Xapo Bank has announced the launch of a Bitcoin-backed USD loan service, with loan amounts up to $1 million.It is reported that a key difference of the Xapo Bitcoin loan product is that the bank does not require users to re-pledge the collateral for the loan, meaning its lending mechanism does not involve customers reusing BTC assets. Eligible Xapo customers can choose repayment terms of 30, 90, 180, or 365 days, and there are no penalties for early repayment.

ChainCatcher news, according to Coindesk, cryptocurrency bank Xapo and the asset management division of Swedish investment company Hilbert Group, Hilbert Capital, announced plans to jointly manage a Bitcoin-denominated hedge fund with an initial capital of $200 million. The fund is expected to launch in September and will be open to corporations, commercial institutions, and professional investors.Xapo director Joey Garcia stated that providing participants with products that not only offer exposure to Bitcoin prices but also enhance the value of Bitcoin investments in a structured way is a natural evolution for this asset class. The specific fee structure of the fund has not been disclosed, but both companies indicated it would be below the traditional "2 and 20" model of hedge funds.

ChainCatcher news, Xapo Bank has issued its banking license in the UK and entered the UK market. Xapo claims to be the first bank in the UK to offer interest-bearing Bitcoin and fiat currency accounts.According to the statement, its platform claims to provide a 1% Bitcoin interest yield without the need for staking, lending, or locking assets. The company did not disclose details about the source of the interest yield.Its users can use Bitcoin through Xapo's debit card, send GBP payments directly to UK bank accounts, invest in S&P 500 stocks, purchase selected cryptocurrencies, and access stablecoin payment channels using USD bank accounts.

ChainCatcher news, according to The Block, Gibraltar-regulated Xapo Bank has allowed customers to make Bitcoin deposits via the Lightning Network.

ChainCatcher news, according to CoinDesk, crypto-friendly bank Xapo has obtained a European securities brokerage license, allowing it to offer S&P 500 index trading services and sell the company's cryptocurrency wealth management products. In addition, Xapo will also allow customers to trade Ethereum.

ChainCatcher news, according to CoinDesk, Gibraltar-based crypto-friendly private bank Xapo Bank will expand into India and other regions of South Asia. Xapo will begin accepting members across South Asia, offering services including 4.1% interest on its USD offshore savings accounts and a Bitcoin wallet with 1% interest on BTC deposits. (source link)

ChainCatcher news, the cryptocurrency-friendly institution Xapo Bank based in Gibraltar will allow customers to deposit and withdraw Tether (USDT) before the end of this month. Earlier this year, Xapo Bank increased support for USDC. (source link)

ChainCatcher news, Bitcoin custodian bank Xapo Bank has partnered with stablecoin issuer Circle to provide USDC deposit and withdrawal services. Xapo Bank stated that it will offer a 1:1 exchange rate for converting USDC to USD and supports USDC transfers. All USDC deposits at Xapo Bank are automatically converted to USD, with an annual interest rate of 4.1%.It is reported that Xapo Bank is a member of the Gibraltar Deposit Guarantee Scheme (GDGS). Xapo claims that its business model is different from traditional banks; it does not engage in lending activities and does not rely on fractional reserve banking to generate profits. Instead, it retains all customer funds as reserves and invests them in "short-term, highly liquid assets" to distribute the earned interest to customers. (source link)