Bank of America just dropped a bombshell—this $1.7 trillion banking giant is rolling out Bitcoin-backed loan products. Yeah, you heard that right. One of America's largest traditional banks is now letting clients use their BTC holdings as collateral.
This isn't some small regional player testing the waters. We're talking about a major Wall Street institution officially bridging the gap between crypto assets and conventional banking services. The move signals something bigger: institutional acceptance of Bitcoin as legitimate collateral is accelerating faster than most people expected.
What does this mean for the market? When banks this size start treating Bitcoin like a real asset class, it validates what crypto enthusiasts have been saying for years. More importantly, it could trigger a domino effect—other major financial institutions might follow suit to stay competitive.
The traditional finance world isn't just watching from the sidelines anymore. They're actively building infrastructure to integrate digital assets into their core offerings. Game's changing.
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ParanoiaKing
· 2h ago
The Federal Reserve's move is brilliant; traditional finance can no longer sit still.
Forget it, I didn't expect it to happen so quickly... Now the crypto circle's folks will start hyping it up again.
No way, is it true? A giant with 1.7 trillion starting to accept BTC as collateral, does that mean my worthless coin is now valuable?
Wait, does this mean other banks will follow suit? Once the competitive pressure kicks in, it's game over.
In essence, this is Wall Street's final surrender; crypto is really turning the tide.
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MysteriousZhang
· 12-11 17:00
Wow, Bank of America is really starting to play with BTC now. The traditional finance world is truly panicking.
Wait, if this is true, can other big banks stay calm? They definitely have to follow suit.
Finally, the day has arrived. No one believed it for years, and now it’s happening.
Bank of America is leading the way. Will others be far behind? It feels like this year will bring a change.
No, why are they only realizing this now? What were they doing all along?
Now, my parents should finally believe in me, haha.
Hold on, is using BTC as collateral really reliable? How are the risks calculated?
It feels like this is truly a dividing line; the before and after are different.
Let’s wait and see. Other banks will have to rush in now.
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ZeroRushCaptain
· 12-11 16:53
Wait, BTC can be used as collateral? I'm just puzzled—how did these traditional finance old-timers suddenly wake up... Are they genuinely optimistic or do they want to take advantage of us again?
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MissedAirdropBro
· 12-11 16:48
Wow BofA is really starting to offer Bitcoin-backed loans? This has traditional finance truly panicked
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Wait a minute, if other big banks follow suit, the market will go wild
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I said it early, institutional entry is inevitable. Now it's the big banks' turn to endorse BTC
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American banks are playing this move very aggressively. Can other Wall Street firms stay calm?
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I just want to know when the domestic market will catch up. It feels like we’re being left behind
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Really, this time it's not just small-scale moves—$1.7 trillion giants are involved, and the ecosystem is completely changing
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Using Bitcoin as collateral, this is finally no longer a joke about "virtual currency"
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All I can say is, BTC is now entering the mainstream; no one can stop it
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GateUser-c802f0e8
· 12-11 16:45
ngl, traditional finance is really scared now. The issue of BTC as collateral should have come a long time ago.
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GasFeeCrying
· 12-11 16:39
Wait, is US banks really going to accept Bitcoin as collateral? Traditional finance is finally being forced to enter the market.
View OriginalReply0
LazyDevMiner
· 12-11 16:38
Wait, Bank of America is really going to use Bitcoin as collateral? Traditional finance can’t sit still anymore.
Bank of America just dropped a bombshell—this $1.7 trillion banking giant is rolling out Bitcoin-backed loan products. Yeah, you heard that right. One of America's largest traditional banks is now letting clients use their BTC holdings as collateral.
This isn't some small regional player testing the waters. We're talking about a major Wall Street institution officially bridging the gap between crypto assets and conventional banking services. The move signals something bigger: institutional acceptance of Bitcoin as legitimate collateral is accelerating faster than most people expected.
What does this mean for the market? When banks this size start treating Bitcoin like a real asset class, it validates what crypto enthusiasts have been saying for years. More importantly, it could trigger a domino effect—other major financial institutions might follow suit to stay competitive.
The traditional finance world isn't just watching from the sidelines anymore. They're actively building infrastructure to integrate digital assets into their core offerings. Game's changing.