News Explorer — Lava Debuts Bitcoin Lending Program Amid $17.5 Million Raise

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Oct 1, 4:53 pm

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Lava Debuts Bitcoin Lending Program Amid $17.5 Million Raise

Lava has secured $17.5 million in funding and launched a lending platform offering USD yields on overcollateralized bitcoin loans. The startup's service allows users to earn up to 7.5% interest on their deposits, with plans to expand infrastructure for bitcoin financial products.

Lava has secured $17.5 million in funding and launched a lending platform offering USD yields on overcollateralized bitcoin loans. The startup's service allows users to earn up to 7.5% interest on their deposits, with plans to expand infrastructure for bitcoin financial products.

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