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Jay PatelCo-founder at Lygos.

4 posts

November 10, 2025/2 min read

Non-Custodial by Design

Bitcoin-native, non-custodial lending isn't a compromise, it's a win-win. In light of some recent developments, it's worth expanding on why we feel this is the case at...

JPMorgan Accepts Bitcoin as Collateral: What It Really Changes
October 29, 2025/5 min read

JPMorgan Accepts Bitcoin as Collateral: What It Really Changes

“JPMorgan to Allow Bitcoin and Ether as Collateral in Crypto Push” Friday's Bloomberg headline generated significant buzz. The crypto community has a tendency to grab...

All Happy Bitcoiners Are Different
October 10, 2025/4 min read

All Happy Bitcoiners Are Different

Tolstoy opens Anna Karenina by observing: “All happy families are alike; each unhappy family is unhappy in its own way.” Bitcoin is the opposite. Bitcoiners acquire an...

The Weight of the Curve
September 29, 2025/4 min read

The Weight of the Curve

The Weight of the Curve There’s been a lot made these past weeks about Fed independence, the path for short-term rates, the resilience of the U.S. economy, and what it...

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This content is for informational purposes only and does not constitute tax, legal, or investment advice. Tax treatment depends on your jurisdiction and personal circumstances; consult a qualified tax advisor.

Borrow against your BTC collateral to obtain cash while maintaining full long-term exposure. Because you are borrowing—rather than disposing of—your assets, this structure allows for liquidity access without the tax consequences commonly associated with a sale. Your collateral remains native BTC and is held in isolation: not commingled, not swapped, and never converted to a wrapped asset.

Risk Warning: Borrowing against cryptocurrency involves significant risks, including but not limited to liquidation risk, market volatility, and potential loss of collateral. Please review all terms and conditions carefully before participating.

Regulatory Notice: Services may not be available in all jurisdictions. Users are responsible for ensuring compliance with local laws and regulations. Lygos does not provide services to residents of certain restricted jurisdictions.