Since traditional banks often refuse cryptocurrency-backed loans, wealthy cryptocurrency investors are turning to DeFi lending platforms like Aave and Morpho to use assets such as Bitcoin and Ethereum as collateral for flexible short-term loans. This method is faster (sometimes just 30 seconds), and offers anonymity, but also carries risks such as price volatility and automatic liquidation. Companies like Cometh, which recently received MiCA approval, are bridging this gap by helping family offices leverage DeFi strategies to obtain credit lines without selling their crypto holdings.