Lugano – December 24, 2024 – Debifi, the leading platform for secure, non-custodial Bitcoin-backed lending, proudly announces the successful completion of its seed funding round. Led by Timechain, the round attracted prominent investors, reaffirming confidence in Debifi’s mission to redefine the Bitcoin lending market.
Empowering Bitcoin Holders: “Don’t Sell, Borrow”
Debifi’s ethos aligns with the principles of long-term Bitcoin holders. Inspired by Michael Saylor’s advice to never sell Bitcoin as a long-term asset, Debifi provides holders a smarter alternative: borrowing.
Backed by Visionaries
The seed round was led by Timechain, with participation from:
Alexander Mann, Partner at Timechain, remarked:“At Timechain, we are thrilled to support Debifi’s vision. Their secure, architected solution addresses the gaps in Bitcoin lending, setting a global standard.”
Allen Farrington, Partner at Axiom BTC Capital, added:“Bitcoin’s integration into capital markets is inevitable. Debifi is not just positioned to capitalize on this transition but to lead it.”
Willy Woo highlighted:“With Bitcoin outpacing borrowing costs 8x, Debifi is building robust loan infrastructure that allows holders to borrow, not sell.”
A Vision for Global Bitcoin Lending
Max Keidun, CEO of Debifi, expressed enthusiasm for this milestone: “We are committed to revolutionizing Bitcoin-backed lending through secure, transparent, and globally accessible solutions. With this funding, we’ll accelerate our development, expand into new markets, and unveil innovative Bitcoin-backed credit products coming in Q1 2025.”
Debifi’s unique approach includes non-custodial, no-rehypothecation solutions designed for transparency and user control. Their ultimate goal? Establish Bitcoin as a “super collateral” globally.
Strategic Growth Initiatives
The capital will drive:
Market Traction & Future Potential
Since its beta launch, Debifi has shown exceptional growth:
As Bitcoin becomes integral to financial markets, Debifi’s model capitalizes on its unmatched qualities as collateral. The platform bridges institutional liquidity with global Bitcoin holders, providing an essential alternative to selling.
About Debifi:
Debifi offers non-custodial Bitcoin-backed lending, prioritizing security and transparency through innovative multisig escrow arrangements. Founded by Bitcoin industry leaders, Debifi is setting new standards in the space.
For more information, visit debifi.com or explore the press release at debifi.com/publications/funding-round-success. You can also follow Debifi on X and LinkedIn.
Media ContactCompany Name: DEBIFI SAContact Person: Sergejs Ponomarjovs PR & Media Relations ConsultantEmail: Send EmailCountry: SwitzerlandWebsite: https://debifi.com
