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BTC lending platform Lava completes $10 million Series A financing, with participation from Founders Fund and Khosla Ventures
On December 9th, according to Fortune magazine, BTC lending platform Lava completed a $10 million Series A financing round with participation from Founders Fund and Khosla Ventures. Shehzan Maredia, founder and CEO of Lava, said the platform allows users to borrow with BTC as collateral, and "our slogan is to save in BTC and spend in USD".