We are delighted to announce that Timechain (a Concentric Fund) has backed Debifi in their pre-seed round. Debifi is a business enabling bitcoins use case as super collateral. The market for bitcoin is global, 24/7 and highly liquid. It’s divisibility, fungibility and unique security model (multi-signature authentication) elaborates on our initial thesis of bitcoin forming the economic base layer for the global economy. A highly experienced and successful team based out of Lavia, they further strengthen the Timechain raison d’être of backing world class teams building on Bitcoin in Europe and Emerging Markets.

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