Debifi
After Timechain's recent investment in Debifi's seed funding round, the transformative potential of Bitcoin in the economy has been further emphasized. This achievement also highlights Debifi's prominent position in the Bitcoin-backed credit market.
Keidun, the CEO of Debifi, refers to Bitcoin as "super collateral" and emphasizes that borrowing is a far more effective strategy than selling for those who wish to hold their assets long-term. Debifi offers a unique solution, allowing users to access loans without selling their Bitcoin holdings.
This landmark funding round marked a significant milestone for the company and included contributions from key investors such as:
Timechain (Lead Investor), Axiom BTC Capital, Fulgur Ventures, Plan B Fund, Epoch VC, Cep Private Equity, Exodus I GmbH, Willy Woo, Brad Mills, Chris Hunter, Giacomo Zucco
This partnership reinforces two important aspects: Bitcoin's strength as a protocol and the growth of decentralized finance.
The funds raised will support several important strategies:
Even in its beta phase, Debifi has achieved impressive milestones:
Debifi's non-custodial and trustless model enhances Bitcoin's financial utility while preserving its decentralized essence. With strong investor backing and a clear growth strategy, Debifi is poised to lead the Bitcoin lending revolution.
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