Two Prime Lending achieved a record $827 million in bitcoin-backed loans during Q3 2025, increasing its total committed loan volume to $2.55 billion since March 2024 launch, according to Thursday's announcement.
The lending division of investment advisor Two Prime has become a leading global bitcoin-backed lender, serving institutional clients including miners, hedge funds, trading firms, and digital asset treasuries. The company secured $20 million in backing earlier this year led by bitcoin miner MARA Holdings.
Two Prime's institutional clients feature publicly traded companies such as CleanSpark (CLSK), Hut 8 (HUT), Kindly MD (NAKA) and Fold (FLD). The firm credits its expansion to competitive interest rates and serving institutions pursuing yield generation and risk management solutions.
CEO and Co-Founder Alexander S. Blume stated the company's performance demonstrates growing institutional bitcoin adoption and increasing demand for advanced lending and derivatives products in Thursday's official release.
"As more institutions — including major corporate treasuries, miners, hedge funds, endowments, pension funds, and sovereign wealth funds — acquire and hold bitcoin, Two Prime has created sophisticated lending and derivatives approaches to produce risk-adjusted returns for these organizations."