Summary
- The Block reported that Bitcoin (BTC) lending platform Lava raised $17.5 million in investment.
- Lava recently launched a new dollar yield product and said it plans to introduce a card that provides Bitcoin cashback.
- This fundraising is expected to accelerate Lava's product expansion and service diversification.
On the 1st (local time), crypto asset (cryptocurrency) specialized media The Block reported that Bitcoin (BTC) lending platform Lava raised $17.5 million in investment.
Lava recently introduced a new dollar yield product and plans to launch a card that offers Bitcoin cashback. This fundraising is expected to accelerate Lava's product expansion and service diversification.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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