Liquidium’s $2.75M seed round aims to bring Aave-like experience to Bitcoin
Liquidium’s $2.75M seed spherical goals to bring Aave-love abilities to Bitcoin Liquidium’s $2.75M seed spherical goals to bring Aave-love abilities to Bitcoin
The protocol plans to additional improve Bitcoin DeFi accessibility and magnify the ecosystem to new markets.
Conceal art/illustration by process of CryptoSlate. Characterize entails blended whisper material which could consist of AI-generated whisper material.
Liquidium, a lending platform, has raised $2.75 million in a seed spherical to connect itself as a number one DeFi hub in the Bitcoin ecosystem.
Investors in the spherical consist of Realistic 3 Ventures, Portal Ventures, Asymmetric Capital, AGE Fund, NGC Ventures, CMS Holdings, Newman Capital, VidenVC, and DeGods. The spherical also incorporated angel investors love Dingaling, Frank DeGods, Beanie, Cirrus, ThreadGuy, FAR (Co-Founder of Taproot Wizards), Anthony Newman, Dr. Jingle, NFTboi, CryptoSlate CEO Nate Whitehill and Kraken’s Dan Held.
Aave-love abilities
Robin Obermaier, Liquidium’s CEO, mentioned the funding would encourage the platform lift out his imaginative and prescient of offering an Aave-love abilities on Bitcoin. He acknowledged:
“I envision Liquidium to be the DeFi lending hub on Bitcoin with completely fledged liquidity pools to present experiences love Aave, nonetheless on native Bitcoin.
This funding spherical brings us closer to realizing a platform the establish users can seamlessly provide liquidity to plan passive profits or borrow sources in a true, overcollateralized manner. We hold the team, the investors, and the guts to achieve on that imaginative and prescient.”
In line with DeFillama knowledge, AAVE is the largest Ethereum lending protocol, with over $13 billion price of sources below its management.
So, the seed funding goals to improve Liquidium’s growth as a top Bitcoin lending protocol. This aligns with the recent commence of its Rune borrowing and lending services, showcasing its dedication to continuous enchancment and industry management.
Liquidium has already established itself because the premier DeFi platform for stare-to-stare Bitcoin lending. It enables users to borrow or lend Bitcoin the inform of Bitcoin-essentially essentially based sources love Ordinals and Runes as collateral. The route of utilizes Partly Signed Bitcoin Transactions (PSBTs) and Discreet Log Contracts (DLCs) on the Layer 1 Bitcoin community.
Notably, the protocol has integrated compatibility with Unisat and Leather wallets and plans to consist of BRC-20 sources and additional wallets love OKX and Phantom in the rupture. In line with the firm, these moves will additional improve accessibility and magnify the Bitcoin ecosystem to new markets.
Disclosure: CryptoSlate CEO Nate Whitehill is an angel investor in Liquidium.
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Oluwapelumi Adejumo
Oluwapelumi values Bitcoin's attainable. He imparts insights on a differ of subject matters love DeFi, hacks, mining and culture, underlining transformative energy.
Liam 'Akiba' Wright
In most cases recognized as "Akiba," Liam is a reporter, editor and podcast producer at CryptoSlate. He believes that decentralized abilities has the ability to make frequent definite alternate.
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Bitcoin, a decentralized forex that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries by process of a stare-to-stare community.
Liquidium
Liquidium is the leading non-custodial lending protocol on native Bitcoin, allowing users to borrow and lend BTC in opposition to their Bitcoin sources, corresponding to Ordinals and Runes..
Robin is the Co-Founder and CEO of Liquidium, the leading lending protocol on Bitcoin.
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