Clapp Finance has introduced multi-collateral crypto credit lines aimed at users who want liquidity without selling their digital assets. The company said customers can combine up to 19 cryptocurrencies as collateral for one or more credit lines, while keeping the ability to change those assets after funds have already been drawn.
The product is designed for investors seeking ongoing access to cash or stablecoins. According to Clapp, pre-approved funds are available 24/7 and can be withdrawn in EUR via SEPA or in stablecoins including USDT and USDC. Interest is charged only on the amount actually used, rather than on the full approved line.
Collateral can be added, removed, or swapped
A key part of the launch is the ability to actively manage collateral without closing the credit line. Users can add, remove, or swap supported crypto assets while the line remains open. Clapp presents this as a more flexible structure than fixed crypto-backed loans, especially for investors adjusting positions in real time.
The platform also supports running multiple credit lines at once. Repayment terms are intentionally open-ended: users can repay the amount they choose, when they choose, with no fixed schedule. Clapp added that a future update may allow repayment directly from collateral.
Company points to rising CeFi lending demand
In a statement, Clapp CEO Ilya Stadnik said crypto holders want to use their assets as “financial fuel” rather than only keeping them idle. He said CeFi lending has increased by almost 150% since 2023, while many existing products still rely on rigid loan structures. Clapp’s answer is a multi-collateral, multi-line model built to give users more control over collateral management and access to capital.
Clapp describes itself as an EU-based fintech company founded in 2025. The firm says its all-in-one platform includes a wallet, exchange, portfolio tools, and multi-collateral credit lines, and that it serves users in more than 130 countries. The company positions the product as part of a broader effort to combine CeFi and DeFi tools within a single platform.