CRYL launches Bitcoin-backed loans in Japan, allowing users to borrow up to $6.2 million without selling BTC for taxes, business funding, or property purchases.
Japanese lender CRYL has launched a Bitcoin-backed loan service in Japan. The new platform enables people and companies to take out loans in fiat without the need to sell their bitcoins. This means that customers can withdraw cash without selling their BTC, allowing them to hold on to their investment. The service is part of Japan’s emerging crypto lending sector.
CRYL Offers Bitcoin-Backed Loans for Long-Term BTC Holders
Borrowers can get loans ranging from 1 million yen to 1 billion yen, CRYL announced. This amounts to about $6,200 or $6.2 million. Furthermore, the company offers interest rates ranging from 3.5% to 7% per annum, depending on the loan terms.
JUST IN: 🇯🇵 Japanese lender CRYL launches Bitcoin-backed loans up to $6.2M, letting individuals and businesses borrow fiat against $BTC without selling. pic.twitter.com/LDknlGFqsW
— Whale Insider (@WhaleInsider) July 10, 2026
The borrower has to provide Bitcoin as collateral to get the loan. The collateral ratio is between 40% and 60%. In addition, the typical loan term is 1 year, which provides borrowers with sufficient time to handle their finances.
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The loans are used for a variety of financial requirements, the company said. For instance, the money can be used for tax payments, business expansion, living expenses, or property purchases. Thus, borrowers can get cash without selling their bitcoins.
CRYL believes that a lot of crypto investors are long-term holders of Bitcoin. However, unexpected expenses often force investors to sell their assets. This can disrupt long-term investment strategies and lead to missed growth opportunities when selling Bitcoin.
The company also pointed out the current tax laws in Japan. The gains from the sale of crypto assets are typically classified as miscellaneous income. So, investors could be liable to up to 55% tax, depending on their overall taxable income.
If there are future tax changes that will have separate taxation for Bitcoin, it will still be a taxable event. This could make borrowing against Bitcoin more appealing to many investors.
Bitcoin-Backed Lending Continues to Expand Worldwide
Crypto lending is already a popular practice in a few markets around the world. Businesses in the United States have been borrowing operating capital by using Bitcoin as collateral. Moreover, certain financial institutions have recently introduced mortgage products backed by cryptocurrencies.
CRYL anticipates the same demand to increase in Japan. The company said that the number of crypto asset holders is growing year after year. This means that the number of investors who want to borrow money without disposing of their digital assets could increase.
The lender also provides for an over-limit borrowing amount in its revolving credit agreement. But the customers are not allowed to exceed the loan-to-value ratio of 60%. This feature allows qualified borrowers more financial flexibility without losing the collateral requirements.
In contrast to some of the other players, CRYL currently only takes Bitcoin as collateral. The company thinks Bitcoin is still the top digital asset for long-term investors who want to finance their investment in a secure way.
The crypto-backed lending market is already regulated in Japan. In 2020, Fintertech, a joint venture between Daiwa Securities Group and Credit Saison, launched a similar service. Currently, that platform offers loans up to $3 million with Bitcoin or Ether as collateral.
The minimum borrowing requirement has been reduced, and the maximum loan amount has been increased to $6.2 million for CRYL. As such, the service can be useful for individual investors and also for bigger businesses.
Overall, CRYL’s new lending platform expands financing choices for Japan’s crypto market. With the rise of Bitcoin adoption, crypto-backed loans may offer a viable option for investors seeking liquidity without the need to sell their digital assets.
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