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[THE BLOCK] Bitcoin investment app Relai hits $72 million valuation after new $12 million funding round
Bitcoin investment app Relai hits $72 million valuation after new $12 million funding round https://t.co/twBfgbvgio
NEW: ๐บ๐ธ New York-based #Bitcoin lending platform Lava secures ๐ต $10M in Series A funding led by Khosla Ventures and Founders Fund, according to Fortune. https://t.co/WyAnI8qInT
Relai, a Switzerland-based bitcoin buy, sell, and self-custody firm, has successfully raised $12 million in Series A funding, led by Ego Death Capital. This funding will support the company's expansion plans across Europe. Following this funding round, Relai has achieved a valuation of $72 million. In a related development, New York-based bitcoin lending platform Lava has also secured $10 million in Series A funding, led by Khosla Ventures and Founders Fund.