K33 launches a crypto asset mortgage service, supporting BTC and ETH as collateral

According to market news, Norwegian listed company K33 has announced the launch of a crypto loan service backed by Bitcoin and Ethereum, initially open to a select group of qualified clients, with loans issued in stablecoins such as USDC.

K33 stated that it will also include its own holdings of Bitcoin in the service operation, creating a revenue-generating digital asset solution.