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Firefish has secured $1.8M in Seed funding to accelerate the growth of its Bitcoin-backed lending platform. This investment aims to support its global expansion efforts and further validate its Bitcoin-native lending vision.

Apr 08, 2025•4 months ago

Amount Raised

$1.8 Million

Round Type

seed

PragueCryptocurrencyLendingBlockchainMarketplaceFintechFinancial Services

Description

Firefish has successfully raised $1.8 million in Seed funding to enhance its innovative Bitcoin-backed lending platform. According to CEO Martin Matejka, this funding affirms their commitment to rebuilding lending with Bitcoin's core principles. Firefish has already achieved significant traction with over $100 million in transaction volume and a rapidly growing user base. The funds will be instrumental in scaling their operations and market presence.

Company Information

Company

Firefish

Location

Prague, Prague, Czechia

About

Firefish is the open marketplace for bitcoin-collateralized loans. Drawing on decades of experience in banking and capital markets, Martin Matejka and Igor Neumann founded Firefish to offer Bitcoin holders a simple and secure way to borrow cash against their Bitcoin without relying on a custodian. Using on-chain escrow and peer-to-peer matching, Firefish allows users to use their Bitcoin without having to sell and trigger capital gains taxes.

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