Liquidium Gains $1.25 Million Funding Boost to Expand Bitcoin Ordinal Ecosystem

Bitcoin Ordinal Liquidium, a notable player in the lending sector, recently completed a $1.25 million pre-seed funding round, marking a significant milestone for the company. Liquidium’s This achievement signifies their expanding role in the Bitcoin ecosystem and illustrates the escalating demand for innovative lending options.

Esteemed backers such as Bitcoin Frontier Fund Key contributors to this funding round included Side Door Ventures, Actai Ventures, Sora Ventures, Spicy Capital, UTXO Management, along with several strategic angel investors, who were vital in reaching this goal.

Since its inception, Liquidium has made significant strides within the Bitcoin lending market, completing over 300 loans backed by Ordinals, amounting to more than 21. BTC or approximately $920k in loan volume.

Use Cases for Liquidium’s Partially Signed Bitcoin Transactions and Discreet Log Contracts

Liquidium leverages Partially Signed Bitcoin Transactions (PSBTs) to navigate the limitations of Bitcoin’s lack of smart contracts, thereby providing borrowers with a novel method to utilize Ordinals as collateral. PSBTs ) and Discreet Log Contracts ( DLCs This framework offers lenders the chance to lend Bitcoin against digital assets, yielding native BTC returns. The platform has attracted interest from institutional lenders, including a specialist in quantitative crypto trading aimed at providing active liquidity on Liquidium.

Bitcoin has ushered in a new epoch of fair, non-custodial, and accessible transactions. Historically, its capabilities were limited to straightforward payments. At Liquidium, we've advanced this vision, creating a premier fair, non-custodial, and accessible lending marketplace on Bitcoin, which stands as the most secure blockchain available today. N-Sigma Capital AG remarked Robin Obermaier, CEO and Co-Founder of Liquidium.

This recent cash infusion is not merely a financial uplift for Liquidium; it signifies robust support for its vision and the transformative potential it holds for Bitcoin lending. By concentrating on

Liquidium is well-positioned to broaden the utility and attractiveness of the Bitcoin ecosystem, enhancing its availability and diversity.

Liquidium has entered an open beta phase, inviting wider involvement and is also advancing features for BRC-20 tokens as collateral, hinting at a future rich with opportunities in the Bitcoin lending landscape. Those interested in joining the Bitcoin revolution can visit Liquidium’s website to sign up for the waitlist for the first BRC-20 lending platform. Ordinals Please be aware that the information provided on this page is not intended as, and should not be interpreted as, any form of legal, tax, investment, financial, or other advice. It is advised to only invest what you can afford to lose and to seek independent financial counsel if you have any uncertainties. For more information, we recommend reviewing the terms and conditions, as well as the help and support sections provided by the issuer or promoter. Metaverse Post remains committed to delivering accurate and impartial reporting, although market circumstances can change without prior notice.

Nik is a skilled market analyst and writer at Metaverse Post, focusing on delivering insightful analysis into the fast-moving tech sector, particularly around AI/ML, XR, VR, on-chain analytics, and blockchain innovation. His articles resonate with and inform a wide audience, helping them keep pace with technological advancements. With a Master's degree in Economics and Management, Nik possesses a keen understanding of the intricacies of the business realm and its connections with emerging technologies.