PRESS RELEASE

FOR RELEASE ON MONDAY, DEC 11 2023

Liquidium Secures $1.25 Million in Pre-Seed Funding, Accelerating Innovation in Bitcoin Ordinal Lending

Liquidium, the pioneering Ordinal lending platform on Bitcoin, is proud to announce the successful closure of its pre-seed funding round, raising an impressive $1.25 million.

This remarkable achievement highlights Liquidium's growing influence and the increasing demand for innovative lending solutions in the Bitcoin ecosystem.

The support of esteemed investors such as Bitcoin Frontier Fund, Side Door Ventures, Actai Ventures, Sora Ventures, Spicy Capital, UTXO Management, and several strategic angel investors played a crucial role in achieving this milestone.

Since its inception, Liquidium has made significant strides in the Bitcoin lending market. The platform has facilitated over 300 Ordinal-backed Bitcoin loans, translating to more than 21 BTC or $920k in loan volume.

Using Partially Signed Bitcoin Transactions (PSBTs) and Discreet Log Contracts (DLCs) to compensate for the lack of smart contracts on Bitcoin, Liquidium allows borrowers to use their Ordinals as collateral, and gives lenders an opportunity to lend Bitcoin against these digital assets to earn a native BTC yield. Liquidium also attracts institutional lenders like N-Sigma Capital AG, a specialist quantitative trader in crypto, who will be an active liquidity provider on Liquidium. It has been in closed beta since July 2023, but today it opened the floodgates for everyone, transitioning into open beta. Additionally, the platform is also working on supporting BRC-20 tokens (the leading fungible token standard on Bitcoin) as collateral on Liquidium, for which users can sign up through a waitlist.

“Bitcoin opened an era of fair, non-custodial, accessible transactions. Until recently it was limited to basic payments. At Liquidium, we took this vision further and created the leading fair, non-custodial, and accessible lending market on Bitcoin, the most secure blockchain in existence.” - Robin Obermaier, CEO and Co-Founder

This influx of capital is not just a financial boost but a strong vote of confidence in Liquidium’s vision and capabilities. It is a testament to the platform's potential to reshape the landscape of Bitcoin lending. With its focus on Ordinals, Liquidium is set to expand the utility and appeal of the Bitcoin ecosystem, making it more accessible and diverse.

Join the Bitcoin revolution at liquidium.fi and get on the waitlist for the first BRC-20 lending platform at liquidium.fi/brc20

Testimonials by some investors and users:

"Liquidium is pioneering the on-chain, peer to peer lending market for Bitcoin and Bitcoin-native assets. As an early Liquidium user, I've been thrilled to see the growth of liquidity and volume on the platform and am excited to continue supporting the team's progress as investors with UTXO Management” - Tyler Evans, Managing Partner, UTXO Management

“Liquidium is filling a huge market gap by introducing additional utility on ordinals, a core element to further boosting the value of ordinals use case. Given that fungible tokens are also in the form of ordinals, it will be very interesting to see how Liquidium can leverage this standard to grow their adoption.” - Jason Fang, Managing Partner, Sora Ventures

“Liquidium is changing the game for BTC, making on-chain, non-custodial yield a reality! The team has been building in the Bitcoin ecosystem for years and excels with their strategic vision, talent and focus on execution. Within the few months of being live, Liquidium has generated substantial mindshare as the #1 lending protocol for Ordinals and I am excited to support the team and protocol in its future direction.” - Theo Freybote, Angel Investor

“Liquidium is one of the most important products in the Ordinals space, unlocking liquidity for borrowers while generating Bitcoin yield for lenders. I’ve been consistently impressed with the team’s tenacity, their product vision and unwavering focus from day one. As the first investor, I’m excited about Liquidium’s growth trajectory and look forward to their continued success as they launch new, innovative products.” - Kevin Williams, Deal Partner, Bitcoin Frontier Fund

“I truly appreciate the opportunity Liquidium has provided me. I wouldn’t have the collection I have today without this platform.” - Borrower of Liquidium, who acquired Ordinals with the help of Liquidium.

Contact: Twitter: @LiquidiumFi [email protected] liquidium.fi

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