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France-based Capital B is planning to launch a Bitcoin-backed credit product targeting European clients, according to a report by Bloomingbit.
The company has not publicly disclosed terms, timelines, or the scale of the planned offering.
What Is Known Capital B, headquartered in France, intends to use $BTC as collateral for a credit product aimed at the European market.
Beyond the company's name, domicile, and the broad product category, the available sourcing does not include specifics on loan-to-value ratios, interest rates, eligible borrowers, or a launch date.
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