The move signifies an expansion of the company's business, aiming to provide market participants with more flexible and diverse financial instruments. Through this service, users can use their held cryptocurrencies as collateral to borrow a certain percentage of local currency funds equivalent to their asset value. Mercado Bitcoin emphasizes that this initiative is in response to market demand while setting a loan cap to control risks and avoid potential issues related to liquidation. Noteworthy, Mercado Bitcoin boasts a significant amount of crypto asset custody, with over $900 million in crypto assets implying a credit capacity of up to $300 million available for users. The introduction of this innovative service not only underscores Mercado Bitcoin's leadership in the cryptocurrency domain but also brings new vitality and opportunities to the Brazilian and global cryptocurrency markets.