Participated · Seed · Apr 2025

Firefish operates a bitcoin-collateralized lending marketplace that provides instant USDC loans to users in the U.S. and across global markets and also supports EUR and CHF. The platform serves retail and institutional users and uses multi-sig escrow to eliminate counterparty risk. It has processed over $100M in volume and has more than 10,000 users. Founders Igor Neumann and Martin Matejka lead the company from Prague. Braiins, one of the seed backers, recently used Firefish to secure a $400,000 loan, leveraging Bitcoin instead of selling. Firefish intends to use the new funding to further scale its Prime institutional lending program.