Bitcoin Finance Gets a Boost: Mezo and Anchorage Digital Team Up

Bitcoin holders now have more options to use their assets. Mezo, a platform for Bitcoin finance, has teamed up with Anchorage Digital. This partnership aims to make Bitcoin more useful for big investors and companies. Mezo lets people borrow money using their Bitcoin as collateral. They can get loans at low interest rates, starting at just 1%. This service is available through Anchorage Digital's secure wallet, Porto. Users can also lock their Bitcoin on Mezo to earn rewards. The longer they lock their Bitcoin, the more they can earn. This partnership is a big deal for Bitcoin finance. It makes it easier for big investors to use their Bitcoin holdings. Mezo and Anchorage Digital want to change how people think about Bitcoin. They believe it can be more than just an investment. It can be a tool for borrowing, lending, and earning money. Mezo is all about giving Bitcoin holders control over their money. There are no banks or credit checks. Instead, it uses a decentralized network. This network provides liquidity without selling Bitcoin. Mezo offers traditional financial services like borrowing, lending, and saving. But it does so through decentralized finance (DeFi) products. Anchorage Digital is a global platform for institutions to participate in digital assets. It offers trading, staking, custody, and more. Anchorage Digital Bank N. A. is the only federally chartered crypto bank in the U. S. The company has offices around the world and is backed by leading investors. This partnership is a step towards making Bitcoin more useful. It shows that Bitcoin can be more than just a digital gold. It can be a tool for everyday financial needs. However, users should be aware of the risks. Bitcoin is volatile, and there are no guarantees. Smart contract vulnerabilities could result in total loss of funds. MUSD borrowing requires overcollateralization with liquidation risk if collateral value falls.