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

Dec 9, 2024 20:36:13

Share to

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).

Related Projects

lava

Latest News

The net supply of Ethereum has increased by 81,790.88 coins in the past 30 days

ChainCatcher

Mar 30, 2026 00:02:01

Gnosis and Zisk announced the launch of the "Ethereum Economic Zone" Rollup framework, co-funded by the Ethereum Foundation

ChainCatcher

Mar 29, 2026 23:11:08

Polls show that Trump's disapproval rating has risen to 59%, a record high during his term

ChainCatcher

Mar 29, 2026 22:41:56

Data: FORTH dropped over 15% in 24 hours, NTRN dropped over 22%

ChainCatcher

Mar 29, 2026 22:30:25

Data: The Ethereum network hosts 61.4% of tokenized assets

ChainCatcher

Mar 29, 2026 22:06:50

Recent Fundraising

$65M Mar 27

$600M Mar 27

$5M Mar 27

New Tokens

Mar 23

edgeX EDGE

Mar 19

Mar 18

Latest Updates on 𝕏

Marc Andreessen Followed Waku

Mar 28

Fiskantes Followed star.fun

Mar 28

Jacob Franek Followed minidev

Mar 28