Recently, we announced our $200M raise and the global launch of Lava’s bitcoin-backed line of credit (BLOC)— the lowest fixed-rate borrowing product in the industry at 5%.

With Lava, you can access dollars instantly without selling your bitcoin.

No monthly payments. Open terms. The most flexible, secure, and low-cost way to unlock liquidity on your bitcoin.

Why We Built Lava

Bitcoin is the best savings vehicle — and Lava was built from the ground up to help people maximize their bitcoin savings.

But it’s not just about saving. It’s about what saving makes possible.

Over the past few years, Lava has helped bitcoiners around the world borrow to fund their dreams. Users have bought homes, funded renovations, paid tuition, taken vacations, purchased cars, and paid taxes— all without selling their bitcoin.

Many users used Lava to buy their dream home, and by funding offers in cash, we helped them secure 10–20% discounts on their purchase price. Others paired Lava with a traditional mortgage to fund their downpayment, and through our partnership with Roam, we’ve helped lower the monthly cost of homeownership.

Bitcoin Line of Credit (BLOC)

Our original loan product was similar to a mortgage— fixed rates, fixed payments, and fixed terms.

It worked well for many users, but we realized that bitcoiners needed more flexibility. So, we rebuilt the product from the ground up.

The new Lava Bitcoin Line of Credit (BLOC) removes friction around payments and terms, giving users complete control:

• Borrow as needed in real time.
• No monthly payments required.
• No origination or early repayment fees.
• Open terms. You decide when to repay.

You can borrow and repay anytime, keep your line of credit open indefinitely, and access liquidity instantly when you need it.

The capital charge is a small annual fee that covers the cost of keeping your line of credit open. It’s the only fee Lava charges, and it’s based solely on what you borrow. The charge equals 2% of your largest outstanding balance during the year. It’s applied to your balance a year after you open your line of credit (or when you close your line), and interest doesn’t accrue on it during that year. This structure allows users to draw and repay freely throughout the year, while only paying a fee on their maximum balance. It’s simple, transparent, and enables Lava to offer the lowest rates in the world with maximum flexibility.

The new line of credit product is only possible because the world is realizing that bitcoin is pristine collateral, and lending against it is the new risk-free rate of return.

Security

Security is the foundation of Lava.

From day one, our goal has been to build the most trusted financial institution for bitcoiners— one that combines institutional-grade infrastructure with a transparent, client-first culture.

While many in this industry play “trustless theater,” we take a different approach.

With any bitcoin service, there is always a level of trust required between the user and the service provider. Even in a system built on trustless principles, you still rely on the software you’re running, the hardware it runs on, and the integrity of the people and infrastructure behind it. No service is fully trustless, so our goal at Lava is to build the most secure, trust-minimized, and transparent system possible while still offering the best user experience.

We don’t hide from that. We embrace it. And we work relentlessly to earn and keep that trust.

Lava’s infrastructure is built to reduce risk across every layer of the system. It eliminates single points of failure and is fault-tolerant, geographically resilient, and operationally redundant.

We use cold storage and institutional-grade security systems that have safeguarded over $100B in assets globally. All assets on Lava are backed 1:1 and never rehypothecated. Bitcoin used as collateral is held in segregated cold addresses and only moves when a loan is initiated or closed.

We began by using DLCs and atomic swaps. We still leverage some of that cryptography in our systems today, but we realized that the technology wasn’t secure enough for what we needed to build. Some of the technology is promising in theory, but our team has spend years working with it in practice and found that it just didn’t offer the security we needed for our users. That wasn’t a compromise we were willing to make. We needed infrastructure that could safeguard trillions in wealth, and that’s what we’ve built.

Lava’s infrastructure today is built on cold storage and hardened systems that meet the standards of the largest financial institutions in the world.

Lava has been audited by independent security experts and is backed by the world’s leading fintech investors, including Khosla Ventures, Founders Fund, and Susquehanna.

Our team includes bitcoin developers who have contributed to Bitcoin Core, the Lightning Network, and DLCs, as well as helped build critical infrastructure at fintechs like Current and Affirm, and tech companies like Google and Spotify.

US-based client service is available 24/7, so you can always reach someone on our team directly.

Lava was built from day one to be the most secure platform for bitcoiners. Security is our top priority.

What’s Next

The future of Lava is banking.

We’re building the world’s first truly global bitcoin fintech — a new way to provide financial services to the world. One where you can save in bitcoin, borrow in dollars, and spend anywhere.

Over the next year, we’ll launch additional services that tie directly into the Line of Credit designed to help bitcoiners manage and grow their wealth responsibly.

At Lava, we define success by one simple metric: How much more bitcoin you have because you used Lava versus if you didn’t.

Lava is live today at http://lava.xyz

The entire world wants you to gamble. We want you to save.

What we’ll show with Lava is that the best path to financial freedom is through saving, not speculation.

Technological progress will continue to make life cheaper, faster, and more accessible. But if you’re not saving in sound money, you won’t be able to benefit from that progress.

The future of finance isn’t speculation— it’s saving. And the future of saving is bitcoin.

Lava is building the financial institution for that future.