Debifi, a non-custodial Bitcoin-backed lending platform, has officially exited its beta phase, announcing the launch of full production services.
Launch After Beta Testing
The official launch of Debifi marks a strong validation of its infrastructure. During the beta period, the platform issued over $20 million in loans through third parties. The network has grown from two to over 30 institutional partners, with 3 to 5 new lenders joining monthly.
Revolutionizing Bitcoin Lending
With the full production launch, Debifi introduced updated mobile applications for iOS and Android. New features include TAPSIGNER integration, streamlined KYC processes, and an intuitive user interface. The Debifi Cards have also entered closed beta, offering flexible credit lines without compromising Bitcoin custody.
Growth and Strategic Goals
The company expects a 15-20x increase in lending activity over the next year. Debifi is strengthening its growth strategy by onboarding respected analysts to its Advisory Council, and aims to expand its product suite, increase global presence, and promote education around Bitcoin.
The launch of Debifi's full service highlights its role in providing access to Bitcoin-backed loans, offering innovative solutions for users and institutions.
