Firefish operates an online platform that enables individuals to obtain funds in fiat currencies (CZK, EUR) without having to sell their bitcoin. Bitcoin holders can use Firefish to borrow money, using their bitcoin as collateral for the loan. On the other side, there are investors who contribute funds to these loans and earn interest in return. The platform has been active since 2023. Since its launch, it has gained over 13,000 users. A total of approximately 1,500 bitcoins have been pledged on the platform, with transactions exceeding 200 million euros.

Expertise

Firefish connects bitcoin holders who wish to borrow against their bitcoin with investors looking to earn attractive interest by depositing their funds for a fixed period. When facilitating bitcoin-backed loans, Firefish prioritizes maximum security while maintaining user-friendly functionality.