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Firefish
Firefish is an open, non-custodial lending marketplace where Bitcoiners can borrow cash against their Bitcoin, and investors can earn yield by funding these loans. The platform is available globally and offers market-driven rates and secure escrow.
Banská Bystrica, SVK
Description
Firefish is a non-custodial, open marketplace for Bitcoin-backed loans that connects Bitcoin holders with investors. Borrowers can use their Bitcoin as collateral to access liquidity in fiat currency or stablecoins without selling their assets. Investors can fund these loans to earn fixed interest, with their capital protected by the Bitcoin collateral. The platform is built on the Firefish Protocol, which utilizes Bitcoin's scripting capabilities, such as multi-signature schemes and Partially Signed Bitcoin Transactions (PSBT), to ensure a secure and trust-minimized escrow process. Firefish offers various products, including 'Borrow', 'Invest', 'Invest Pro' for automated lending, and an upcoming 'Prime' marketplace for institutional clients. The service is operated by Firefish Europe s.r.o. and requires users to complete KYC/AML verification.Grant Funding
VC Funding
None
2025
$0
$1.8M