Share this article
Ziglu Offers UK Users 5% Interest on Bitcoin Investments
Interest equivalent to an annual rate of 5% will be paid to users’ accounts on a weekly basis.
Updated May 9, 2023, 3:17 a.m. Published Apr 8, 2021, 7:00 a.m.
London-based cryptocurrency platform Ziglu has launched an account that pays U.K. users the equivalent of 5% annual interest on their bitcoin investments.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- According to an announcement Thursday, interest will be calculated “every second” and will then be added to users’ accounts weekly.
- Customers will retain instant access to the bitcoin and not have to sign up for depositing for any fixed length of time, a Ziglu spokesperson told CoinDesk.
- The "Bitcoin Boost" account launches against the backdrop of an all-time low Bank of England base rate of 0.1%, cut from 0.25% in March 2020 in response to the coronavirus pandemic.
- Ziglu’s announcement cited Bank of England data showing that variable-rate individual savings accounts (ISAs) earn as little as 0.35%, the lowest since ISAs were introduced.
- The London-based firm raised over $8 million from around 1,250 investors in a crowdfunding campaign last year, bringing its total fundraising to $14.8 million.
Read more: Gemini Partners With Crypto Lender Genesis to Offer 7.4% Yield on Customer Deposits
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Surf Raises $15M to Build AI Model Tailored to Crypto Research
Pantera Capital led the round, with Coinbase Ventures and Digital Currency Group also participating.
What to know:
- Surf raised $15 million to develop "Surf 2.0" and launch an enterprise product aimed at institutional users.
- The firm said it has generated more than 1 million research reports since July and is seeing 50% month-over-month growth.
Top Stories
