Bitcoin payment application Strike enters the cryptocurrency lending business

According to Golden Finance, Strike, the Bitcoin lightning payment app founded by Jack Mallers, has announced the launch of a new encrypted lending program for both personal and corporate accounts. Mallers stated on X, 'You shouldn't sell the best performing assets in human history just to get cash. You don't have to do it now.' Strike Lending will be launched first in some parts of the United States and plans to expand to international markets in the future. The company stated that "these Bitcoin supported loans will not be reported to credit institutions and will not affect credit scores." The loan amount starts at $75000 and can reach up to $2 million, with an annual interest rate of at least 12%.