Bitcoin lending platform Lava completes $10 million Series A funding, with participation from Founders Fund and Khosla Ventures

2024-12-09 20:36:13

Collection

ChainCatcher news, according to Fortune magazine, the Bitcoin lending platform Lava has completed a $10 million Series A funding round, with participation from Founders Fund and Khosla Ventures.

Lava's founder and CEO Shehzan Maredia stated that the platform allows users to borrow against Bitcoin as collateral, "Our slogan is save in Bitcoin, spend in dollars."

Lava plans to develop additional services, including the ability to pay and purchase Bitcoin, and does not intend to issue tokens (the Series A funding is an equity financing).

(Source Link)

Risk warning

2026-04-15 22:06

Tokenization startup Brix completes $5.5 million financing, with participation from Circle Ventures and others

2026-04-15 21:02

AI startup Hilbert completes $28 million Series A funding, led by a16z

2026-04-15 20:51

Fintech company Superstate has completed a Series B extension financing, with Invesco Private Capital, a subsidiary of Invesco, as the new investor

2026-04-13 19:49

Mention the project

lava

Bitcoin collateral lending platform