Lava secured $200 million in funding led by Anthony Pompliano and Eric Jackson. Venture and debt capital combine. Earlier backers Founders Fund, Khosla Ventures, and Susquehanna returned in prior rounds ($10M Series A December 2024, $17.5M extension September 2025).​ 5% Fixed Rates, Self-Custody ModelBitcoin-backed line of credit (BLOC) launched November 2–3. Interest: 5 percent fixed plus 2 percent capital charge (7 percent total). Borrowers can pledge bitcoin up to 50 percent of its value—meaning $100,000 in bitcoin secures up to $50,000 in loans (50% loan-to-value or LTV). No monthly payments. No term limits. Collateral stays under borrower control via Discreet Log Contracts—platform cannot seize or rehypothecate assets.​ Undercuts Crowded MarketBitcoin lending recovered post-2023. Competitors charge 10–18 percent rates or demand margin calls. Lava's fixed-rate transparency competes on cost. Bitcoin above $93,000 strengthens borrowing appetite for leveraged positions at low cost. 5% Fixed Rates, Self-Custody ModelBitcoin-backed line of credit (BLOC) launched November 2–3. Interest: 5 percent fixed plus 2 percent capital charge (7 percent total). Borrowers can pledge bitcoin up to 50 percent of its value—meaning $100,000 in bitcoin secures up to $50,000 in loans (50% loan-to-value or LTV). No monthly payments. No term limits. Collateral stays under borrower control via Discreet Log Contracts—platform cannot seize or rehypothecate assets.​ Undercuts Crowded MarketBitcoin lending recovered post-2023. Competitors charge 10–18 percent rates or demand margin calls. Lava's fixed-rate transparency competes on cost. Bitcoin above $93,000 strengthens borrowing appetite for leveraged positions at low cost. Bitcoin-backed line of credit (BLOC) launched November 2–3. Interest: 5 percent fixed plus 2 percent capital charge (7 percent total). Borrowers can pledge bitcoin up to 50 percent of its value—meaning $100,000 in bitcoin secures up to $50,000 in loans (50% loan-to-value or LTV). No monthly payments. No term limits. Collateral stays under borrower control via Discreet Log Contracts—platform cannot seize or rehypothecate assets.​ Undercuts Crowded MarketBitcoin lending recovered post-2023. Competitors charge 10–18 percent rates or demand margin calls. Lava's fixed-rate transparency competes on cost. Bitcoin above $93,000 strengthens borrowing appetite for leveraged positions at low cost. Undercuts Crowded MarketBitcoin lending recovered post-2023. Competitors charge 10–18 percent rates or demand margin calls. Lava's fixed-rate transparency competes on cost. Bitcoin above $93,000 strengthens borrowing appetite for leveraged positions at low cost. Bitcoin lending recovered post-2023. Competitors charge 10–18 percent rates or demand margin calls. Lava's fixed-rate transparency competes on cost. Bitcoin above $93,000 strengthens borrowing appetite for leveraged positions at low cost.