Khosla Ventures and Founders Fund Invest in Lava, a Bitcoin-Secured Lending Platform for USD Liquidity and Self-Custody

Khosla Ventures and Founders Fund have invested in Lava, a Bitcoin-secured lending platform that allows users to borrow USD against their Bitcoin holdings without the need to sell or trust third parties. The platform emphasizes self-custody, enabling users to maintain control over their Bitcoin assets while accessing liquidity. The investment team includes notable figures such as Maredia Shehzan, who has been recognized for assembling a strong group of Bitcoin technologists and fintech investors. The innovation is seen as a significant advancement in the Bitcoin ecosystem, providing a secure method for leveraging Bitcoin as collateral.