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Lava Debuts Bitcoin-Backed Line of Credit, Secures $200M Funding

Bitcoin.com

Bitcoin News / Bitcoin.com 27 Views

Lava Debuts Bitcoin-Backed Line of Credit, Secures $200M FundingLava, a bitcoin-focused financial platform, disclosed it has raised $200 million and launched a global bitcoin-backed line of credit (BLOC) offering borrowing rates starting at 5%, marking an expansion in the crypto-collateralized lending space. Lava Secures $200M to Advance Bitcoin Lending CEO Shehzan Maredia announced the move on X, calling it β€œthe biggest day in […]
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