Ethereum

Lantern Finance, Inc. today announced the addition of Bitcoin Cash (BCH), Chainlink (LINK), and Sui (SUI) as eligible collateral on its crypto-backed lending platform, continuing the company’s expansion into assets with large, long-term holder bases.The update brings Lantern’s total supported assets to twelve, alongside Bitcoin, Ethereum, XRP, Solana, Litecoin, Dogecoin, Cardano, Hedera, and Stellar Lumens. U.S. customers can borrow against supported assets and receive same-day funding directly into their bank accounts or stablecoins into their wallets without selling their crypto.“We’re expanding support in areas where demand is already clear but infrastructure has lagged,” said Jung Won Kim, Cofounder of Lantern Finance. “BCH, LINK, and SUI are widely held, yet lending options in the U.S. have been limited. This rollout reflects our focus on practical access, predictable terms, and a straightforward borrowing experience.”Loans backed by the newly supported assets are offered at a 33 percent loan-to-value ratio with a fixed 15 percent APR, consistent with Lantern’s existing long-tail asset framework. Lantern’s lending model is designed for capital preservation. Customer assets are held with institutional-grade custody providers, prioritizing transparency, fixed pricing, and downside protection for borrowers.“As portfolios diversify beyond the largest tokens, access to reliable credit becomes more important,” said Prince Jindal, Cofounder of Lantern Finance. “Supporting these assets allows us to serve investors who want flexibility without compromising on security or control.”Lantern Finance plans to continue expanding supported assets while investing in product enhancements that bridge crypto and traditional finance in a familiar, compliant way.For more information about Lantern Finance and its services, please visit Lantern Finance’s website.Lantern is a financial services and technology company built for crypto investors. Our mission is to simplify the world of crypto finance by offering a safe, seamless platform where users do more with their crypto assets. Lantern’s primary offering is a crypto-backed loan product, which allows clients to safely access loans against their crypto holdings.

Lantern Finance Adds Bitcoin Cash, Chainlink, and Sui as Eligible Loan Collateral

DAO Times

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