Share this article
Bitcoin Lender Bitbond Nets €5 Million to Fund New Loans
Bitcoin peer-to-peer lending market Bitbond has secured €5m worth of debt financing to fund loans on the platform.
By Stan Higgins
Updated Sep 11, 2021, 1:18 p.m. Published May 10, 2017, 9:00 a.m.
Make us preferred on Google
Bitcoin peer-to-peer lending market Bitbond has secured €5m worth of debt financing to fund loans on its platform.
The startup announced today that Obotritia Capital had committed the funds, as well as purchasing a stake in Bitbond, although the terms of that deal were not disclosed.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The investment represents the second time this year Bitbond has attracted outside capital. In February, the firm raised $1.2m from a group of angel investors. That followed €600k raised in mid-May 2015.
Bitbond said it plans to use the latest financing to further grow its network, with an eye to reaching small business and independent sellers.
"The debt commitment by Obotritia brings Bitbond to the next level in our efforts to provide universal SME financing. The next step is to work with partners," founder and CEO Radoslav Albrecht said in a statement.
Funding image via Shutterstock
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Why 98% of gold investors don't actually own a gold bar—and why that’s a problem
Aurelion has shifted to Tether Gold (XAUT), a blockchain-based token backed by physical gold, to address potential market vulnerabilities in the "paper gold" market.
What to know:
- Björn Schmidtke, CEO of Aurelion, warned of risks in "paper gold," with 98% of gold exposure being essentially IOUs rather than physical assets.
- Aurelion has shifted to Tether Gold (XAUT), a blockchain-based token backed by physical gold, to address potential market vulnerabilities.
- The company sees gold and bitcoin as complementary assets, focusing on long-term value through digital gold tokens.
Top Stories
