Xapo Bank — Bank-Issued Bitcoin Loan Facilities

Xapo Bank is a Gibraltar-licensed private bank and bitcoin custodian serving eligible members across multiple countries. Its June 2026 borrowing guide describes bitcoin-backed cash loans at a 40% initial loan-to-value, with preapproved facilities reaching $5 million and larger requests considered for qualifying clients. Xapo publishes an indicative variable rate near 10%, although the final rate and credit amount depend on the member's account and current terms. The bank states that pledged bitcoin remains in segregated custody within its proprietary vault architecture, is not lent onward, and is not rehypothecated. It also states that the product does not rely on a conventional credit score and can place proceeds in the member's bank account shortly after acceptance. Because Xapo is a regulated bank rather than an unlicensed lending marketplace, onboarding includes identity, source-of-funds, residency, and product-eligibility checks. Service is cross-border, but prohibited and unsupported jurisdictions are excluded and can change.