According to Foresight News, Bitcoin Ordinals lending platform Liquidium has completed a $1.25 million seed funding round. Participants in the funding round included Bitcoin Frontier Fund, Side Door Ventures, Actai Ventures, Sora Ventures, Spicy Capital, UTXO Management, and other strategic angel investors.
Liquidium allows borrowers to use Ordinals as collateral, and N-Sigma Capital AG will serve as a liquidity provider for the platform. The platform has been in closed testing since July 2023 and will transition to open testing. In addition, Liquidium supports BRC-20 as collateral, and users can register through a whitelist.
