Bitcoin lending platform Lava raises $17.5 million, launches new yield product
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最新报道：Lava raised $17.5 million in a Series A extension from angel investors including Peter Jurdjevic, Bijan Tehrani, and Zach White, following its $10 million Series A last December. The platform launched a new yield product allowing dollar lenders to earn up to 7.5% APY by funding bitcoin-backed loans, with borrowers posting over double the loan value in bitcoin as collateral. CEO Shehzan Maredia emphasized Lava's focus solely on bitcoin to minimize risks, differentiating from competitors that use mixed assets. The firm also offers bitcoin-backed loans starting at 5% interest and plans to scale its products with the new funding.
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