Debifi, a Bitcoin lending platform, has successfully closed its seed funding round, led by Timechain and supported by a group of prominent investors.
Debifi aims to enable Bitcoin holders to borrow against their Bitcoin instead of selling it, emphasizing the unique qualities of Bitcoin as collateral.
The seed round attracted influential investors in the cryptocurrency ecosystem, aligning with Debifi's mission to transform the market.
The funding will drive Debifi's growth in providing secure and transparent Bitcoin-backed lending solutions in response to the increasing demand.