Lava operates a global lending platform purpose-built for bitcoin holders, enabling them to tap instant liquidity without selling their BTC. Its flagship bitcoin line of credit (BLOC) works like a revolving HELOC for crypto: users can borrow up to 50 % of their bitcoin’s USD value, repay, and re-borrow at will, with interest accruing only on drawn balances. The product features industry-low fixed rates starting at 5 % and an additional 2 % annual capital charge on the peak outstanding balance, bringing the all-in cost to roughly 7 %. Loans require no monthly payments or preset terms, and most rails can be accessed pseudonymously, positioning Lava between DeFi protocols and traditional crypto lenders. A “liquidation protection” tool automatically moves wallet funds to collateral during sharp market moves, reducing forced liquidations. Management says BLOC is the company’s most-requested feature and will be its core focus going forward. No revenue or user figures were disclosed in the announcement.

Total raised

$218M

Funding rounds

3

Latest round

Equity

Latest activity

Nov 2025