Lava Has Raised $200M in New Funding

Today we’re excited to announce that we’ve raised an additional $200M in funding to build out Lava’s suite of bitcoin-powered financial tools.

The funding comes from some of the best capital partners in the world and is a mix of venture and debt. This new injection of capital has allowed us to debut our bitcoin-backed line of credit (BLOC) with the lowest fixed interest rates in the market for bitcoin-backed loans.

We’re also excited to welcome two world-class angel investors in this round: Anthony Pompliano and Eric Jackson. This is a meaningful step that accelerates our ability to build the best tools to help bitcoiners grow and manage their wealth.

If you’re new to Lava, you can get started in just a few minutes by clicking this link.