Liquidium Secures \$2.75 Million in Seed Funding Round

Liquidium Secures \$2.75 Million in Seed Funding Round

Liquidium, a Bitcoin DeFi project, has announced securing \$2.75 million in a seed funding round. The round was led by several prominent venture capital firms, including Wise3 Ventures, Portal Ventures, Asymmetry Capital, AGE Fund, NGC Ventures, CMS Holdings, Newman Capital, Biden VC, and Digat. The specific use of the funds was not disclosed by Liquidium. However, seed funding rounds typically support early-stage development, team expansion, and marketing efforts. Liquidium's announcement did not provide additional details on their plans for the funding. Liquidium aims to bring decentralized finance (DeFi) to the Bitcoin network. DeFi refers to financial services built on blockchain technology, allowing users to borrow, lend, trade, and manage assets without intermediaries. Liquidium's focus on Bitcoin integration aims to expand the accessibility and interoperability of DeFi within the cryptocurrency ecosystem. The successful seed funding round highlights the growing interest in Bitcoin-based DeFi solutions. Liquidium's ability to attract support from established venture capital firms indicates confidence in the project's potential to contribute to the broader adoption of DeFi and the advancement of Bitcoin's use cases.