Press release
Debifi Secures Funding in Landmark Seed Round, Pioneering the Future of Bitcoin-Backed Lending
Debifi secures seed funding led by Timechain to revolutionize Bitcoin-backed lending with secure, non-custodial solutions.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.
Image: https://www.abnewswire.com/uploads/fad56324819df14d1a6cb10dead03020.png
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:
* Axiom BTC Capital
* Fulgur Ventures
* Plan B Fund
* Epoch VC
* Cep Private Equity
* Exodus I GmbH
* Willy Woo
* Brad Mills
* Chris Hunter
* Giacomo Zucco
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:
* Team Growth: Expand technical and business teams.
* Market Expansion: Enter new global markets.
* Product Innovation: Launch cutting-edge credit products.
* Marketing: Boost awareness and adoption through targeted campaigns.
Market Traction & Future Potential
Since its beta launch, Debifi has shown exceptional growth:
* Loan originations have doubled quarterly.
* The iOS app launch spurred a 2x monthly user expansion.
* A 4.5x increase in institutional lender interest last quarter.
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 https://debifi.com or explore the press release at https://debifi.com/publications/funding-round-success. You can also follow Debifi on X [https://x.com/debificom] and LinkedIn [https://linkedin.com/company/debifi].
Media Contact
Company Name: DEBIFI SA
Contact Person: Sergejs Ponomarjovs PR & Media Relations Consultant
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=debifi-secures-funding-in-landmark-seed-round-pioneering-the-future-of-bitcoinbacked-lending]
Country: Switzerland
Website: https://debifi.com
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