Liquidium, a lending platform in the Bitcoin ecosystem, recently raised $2.75 million in a seed round to become a leading DeFi hub. Investors in the round included Wise 3 Ventures, Portal Ventures, Asymmetric Capital, AGE Fund, NGC Ventures, CMS Holdings, Newman Capital, VidenVC, and DeGods, as well as angel investors such as Dingaling, Frank DeGods, and CryptoSlate CEO Nate Whitehill.
Liquidium’s CEO, Robin Obermaier, expressed his vision of providing an Aave-like experience on Bitcoin with the funding. The platform aims to offer fully fledged liquidity pools for users to supply liquidity and earn passive income or borrow assets in a secure, overcollateralized manner. AAVE, the largest Ethereum lending protocol, serves as a model for Liquidium’s growth as a top Bitcoin lending protocol, with assets such as Rune borrowing and lending services recently launched.
As the premier DeFi platform for peer-to-peer Bitcoin lending, Liquidium allows users to borrow or lend Bitcoin using Bitcoin-based assets like Ordinals and Runes as collateral. The process leverages Partially Signed Bitcoin Transactions (PSBTs) and Discreet Log Contracts (DLCs) on the Layer 1 Bitcoin network. Furthermore, the protocol has integrated compatibility with Unisat and Leather wallets and plans to include BRC-20 assets and wallets like OKX and Phantom in the future for enhanced accessibility and expansion of the Bitcoin ecosystem.
With the support of investors and angel investors, Liquidium aims to establish itself as a prominent player in the DeFi lending space on Bitcoin. The recent seed funding round signifies the platform’s commitment to continuous improvement and industry leadership, aligning with its goal of becoming the go-to DeFi lending hub on Bitcoin. By offering experiences similar to Aave and expanding its reach to new markets through wallet integrations, Liquidium is poised for further growth and success in the DeFi space.
