Liquidium, a lending platform, has recently raised $2.75 million in seed funding to establish itself as a leading decentralized finance (DeFi) hub in the Bitcoin ecosystem. The round was led by investors such as Wise 3 Ventures, Portal Ventures, and NGC Ventures, as well as angel investors like Dingaling and Beanie. Liquidium’s CEO, Robin Obermaier, expressed his vision of providing an Aave-like experience on Bitcoin with fully-fledged liquidity pools for users to earn passive income or borrow assets in a secure, overcollateralized manner.
With AAVE being the largest Ethereum lending protocol with over $13 billion in assets under management, Liquidium aims to replicate this success on the Bitcoin network. The recent launch of its Rune borrowing and lending services showcases the platform’s commitment to continuous improvement and industry leadership. Liquidium has already established itself as the premier DeFi platform for peer-to-peer Bitcoin lending, utilizing Partially Signed Bitcoin Transactions (PSBTs) and Discreet Log Contracts (DLCs) on the Layer 1 Bitcoin network.
In addition to its current offerings, Liquidium has integrated compatibility with Unisat and Leather wallets and aims to incorporate BRC-20 assets and additional wallets like OKX and Phantom in the future. These strategic moves are part of the platform’s efforts to enhance accessibility and expand the Bitcoin ecosystem to new markets. The seed funding round will support Liquidium’s growth as a top Bitcoin lending protocol and help realize its vision of becoming the go-to hub for DeFi lending on Bitcoin.
As an early investor in Liquidium, CryptoSlate CEO Nate Whitehill is optimistic about the platform’s potential to disrupt the traditional lending space and introduce innovative solutions to the DeFi sector. With the backing of prominent investors and angel investors, Liquidium is well-positioned to achieve its goals and attract more users to its platform. By offering a secure and efficient lending experience on the Bitcoin network, Liquidium is setting the stage for a new era of decentralized finance powered by blockchain technology.
