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Firefish Secures $1.8M Seed Funding to Grow Its Bitcoin-Backed Lending Platform and Continue Global Expansion

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Firefish, a bitcoin-collateralized lending marketplace, raised $1.8M in seed funding to expand its global reach. Backed by Braiins and Miton C, it offers instant USDC loans and supports EUR and CHF. With over $100M in volume and 10,000+ users, Firefish uses multi-sig escrow to eliminate counterparty risk and is scaling its institutional lending program.

PRAGUE, Czech Republic, April 8, 2025 /PRNewswire-PRWeb/ — Firefish, the open marketplace for bitcoin-collateralized loans, today announced the successful close of a $1.8 million seed funding round, marking a major milestone in its mission to make secure, trust-minimized Bitcoin-backed loans accessible worldwide. The company now offers instant USDC loans to users in the U.S. and across global markets, expanding access to stablecoin-based liquidity for Bitcoin holders.

“We’re not reinventing TradFi with Bitcoin on the surface—we’re rebuilding lending from the ground up using Bitcoin‘s core principles.” Martin Matejka, Firefish CEO and Co-Founder

The round was backed by a select group of investors, including Braiins, the world’s oldest Bitcoin mining pool and creators of the open-source mining software Braiins OS, and Miton C, a Prague-based venture capital firm focused on startups across Europe. With EUR already supported, Firefish now also offers the option of CHF loans and USDC instant loans to users in the U.S., Switzerland, and the rest of the world, where borrowers can secure liquidity in as little as 15 minutes.

“We’re not reinventing TradFi with Bitcoin on the surface—we’re rebuilding lending from the ground up using Bitcoin‘s core principles,” said Martin Matejka, Firefish CEO and Co-Founder. “This investment validates our vision and demonstrates that Bitcoin-native lending can be done at scale—without taking shortcuts. Firefish is where serious capital meets Bitcoin-native infrastructure, with open price discovery and zero rehypothecation.”

With over $100 million in transaction volume, 10,000+ users, and nearly 1,000 BTC in escrowed collateral, Firefish is rapidly establishing itself as a major force in Bitcoin-native finance. In March 2025, Firefish recorded triple-digit month-over-month growth, driven by thousands of Bitcoiners looking for loans and yield-seeking lenders attracted to its market-driven rates, compelling risk-reward profile, and a borrower-driven model that lets lenders pick the best deal.

Unlike the centralized crypto lenders that have historically operated in the industry, Firefish does not hold user assets, which are never rehypothecated. Bitcoin collateral is locked in on-chain escrow using multi-signature contracts, and fiat loans are settled directly between borrowers and lenders via standard bank transfers or stablecoins. Firefish’s advanced recovery feature allows for the Bitcoin collateral to still be recoverable in case of disastrous scenarios by using a pre-signed recovery transaction.

With Firefish, institutional investors and high-net-worth individuals can deploy capital in bulk using fiat or stablecoins and be matched with qualified borrowers. These investments will soon be able to take place through traditional fund structures, which could enable even broader participation.

Braiins recently used Firefish to secure a $400,000 loan, leveraging their Bitcoin to expand the company’s operations without having to sell. “It took less than 24 hours to collateralize 8.75 BTC and borrow euros,” said Eli Nagar, CEO of Braiins. “This investment reflects our belief that Bitcoin holders don’t want counterparty risk. With Firefish, the rules are enforced by code, not third-party trust.” Braiins is also offering Bitcoin miners the option of purchasing their hardware using Bitcoin-backed loans powered by Firefish and is integrating it into its product suite.

Last year, Braiins and Firefish co-published “Bitcoin: The Ultimate Collateral“, a book that analyzes how lending is the natural next step for Bitcoin and how Bitcoiners can use it to their advantage. As outlined in the book, traditional finance companies can now earn yield in the Bitcoin credit market—all without having to touch Bitcoin or manage any infrastructure.

Besides accelerating its global expansion, the funding will be used to further scale Firefish Prime institutional lending program. Firefish joins Prague’s long-standing Bitcoin tradition alongside pioneering companies like SatoshiLabs, Braiins, General Bytes, Confirmo and Coinmate—cementing the city and the country’s status as a global hub of Bitcoin innovation.

ABOUT FIREFISH

Firefish is the open marketplace for bitcoin-collateralized loans. Drawing on decades of experience in banking and capital markets, Martin Matejka and Igor Neumann founded Firefish to offer Bitcoin holders a simple and secure way to borrow cash against their Bitcoin without relying on a custodian. Using on-chain escrow and peer-to-peer matching, Firefish allows users to use their Bitcoin without having to sell and trigger capital gains taxes. Learn more at firefish.io

ABOUT BRAIINS

Braiins is a pioneer in bitcoin mining software and hardware, including the widely renowned Braiins OS. Headquartered in Prague, Braiins is committed to making bitcoin mining more accessible, efficient, and profitable for miners worldwide. For additional information, visit braiins.com.

Media Contact

Jesse, Firefish, 1 3127769278, jesse@bitcoincomms.com, firefish.io

View original content to download multimedia:https://www.prweb.com/releases/firefish-secures-1-8m-seed-funding-to-grow-its-bitcoin-backed-lending-platform-and-continue-global-expansion-302423469.html

SOURCE Firefish

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Florida Physician Specialists Data Breach: Edelson Lechtzin LLP Launches Investigation into Exposure of Personal Information

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36 seconds ago

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May 3, 2026

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National class action firm offering free case evaluations to individuals impacted by the Florida Physician Specialists cybersecurity incident

JACKSONVILLE, Fla., May 3, 2026 /PRNewswire/ — Edelson Lechtzin LLP, a national class action law firm, is investigating data privacy claims arising from the Florida Physician Specialists data breach. Florida Physician Specialists learned of the cybersecurity incident between November 27 and 29, 2025.

What Happened

Florida Physician Specialists discovered that its network was hacked between November 27 and 29, 2025. An investigation launched in late November 2025 confirmed that an unauthorized third party accessed its network. The review of the exposed data was completed on April 6, 2026.

Information Exposed

Affected personal data includes full names and one or more of the following: Social Security numbers, driver’s license numbers or state identification numbers, other government identification numbers, financial account information, credit or debit card information, medical information, and/or health insurance policy information.

Who May Be Impacted

Individuals who received a data breach notification from Florida Physician Specialists may face an increased risk of identity theft and fraud.

Your Legal Options

Edelson Lechtzin LLP is investigating a potential class action to pursue legal remedies on behalf of individuals whose sensitive personal data may have been compromised in the Florida Physician Specialists breach. The firm will evaluate your rights and potential claims at no cost.

Recommended Protective Steps

Review account statements and credit reports regularly and remain vigilant for suspicious activity. Confirm whether your information was involved in the Florida Physician Specialists incident and preserve any letters or emails you received about the breach. Consider placing fraud alerts and credit monitoring.

Contact Us for a Free Case Evaluation

Speak confidentially with a data privacy attorney today: Marc Edelson, Esq., Edelson Lechtzin LLP, 411 S. State Street, Suite N-300, Newtown, PA 18940; Phone: 844-696-7492 ext. 2; Email: medelson@edelson-law.com; Web: www.edelson-law.com. Or click HERE to request a free consultation.

About Florida Physician Specialists

Based in Jacksonville, Florida, Florida Physician Specialists is a multi-specialty private physician practice serving patients in Northeast Florida.

About Edelson Lechtzin LLP

Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to data breach litigation, the firm handles class and collective actions involving securities and investment fraud, federal antitrust violations, ERISA employee benefit plans, wage theft, and consumer fraud

Media and Partnership Inquiries: Use the contact information above to connect with our team regarding interviews, co-counsel opportunities, and referral partnerships.

Legal Notice: This press release may be considered Attorney Advertising in some jurisdictions.

View original content to download multimedia:https://www.prnewswire.com/news-releases/florida-physician-specialists-data-breach-edelson-lechtzin-llp-launches-investigation-into-exposure-of-personal-information-302760742.html

SOURCE Edelson Lechtzin LLP

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Sandhills Medical Foundation, Inc., d/b/a Sandhills Medical Data Breach: Edelson Lechtzin LLP Launches Investigation into Exposure of Personal Information

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38 seconds ago

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May 3, 2026

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National class action firm offering free case evaluations to individuals impacted by the Sandhills Medical cybersecurity incident

MCBEE, S.C., May 3, 2026 /PRNewswire/ — Edelson Lechtzin LLP, a national class action law firm, is investigating data privacy claims arising from the Sandhills Medical data breach. Sandhills Medical learned of the cybersecurity incident between November 27 and 29, 2025.

What Happened

On May 8, 2025, Sandhills Medical discovered it had been the victim of a ransomware attack. Sandhills Medical began an investigation with the help of cybersecurity experts and a forensic firm. That investigation determined an unauthorized third party accessed Sandhills Medical’s server directly and obtained personal information for select patients.

Information Exposed

Affected personal data includes names, personal health information, and birth dates. This data breach has affected an estimated 169,017 people.

Who May Be Impacted

Individuals who received a data breach notification from Sandhills Medical may face an increased risk of identity theft and fraud.

Your Legal Options

Edelson Lechtzin LLP is investigating a potential class action to pursue legal remedies on behalf of individuals whose sensitive personal data may have been compromised in the Sandhills Medical breach. The firm will evaluate your rights and potential claims at no cost.

Recommended Protective Steps

Review account statements and credit reports regularly and remain vigilant for suspicious activity. Confirm whether your information was involved in the Sandhills Medical incident and preserve any letters or emails you received about the breach. Consider placing fraud alerts and credit monitoring.

Contact Us for a Free Case Evaluation

Speak confidentially with a data privacy attorney today: Marc Edelson, Esq., Edelson Lechtzin LLP, 411 S. State Street, Suite N-300, Newtown, PA 18940; Phone: 844-696-7492 ext. 2; Email: medelson@edelson-law.com; Web: www.edelson-law.com. Or click HERE to request a free consultation.

About Sandhills Medical

Based in McBee, South Carolina, Sandhills Medical operates as a Federally Qualified Community Health Center (FQHC) that provides community-based primary health care services.

About Edelson Lechtzin LLP

Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to data breach litigation, the firm handles class and collective actions involving securities and investment fraud, federal antitrust violations, ERISA employee benefit plans, wage theft, and consumer fraud

Media and Partnership Inquiries: Use the contact information above to connect with our team regarding interviews, co-counsel opportunities, and referral partnerships.

Legal Notice: This press release may be considered Attorney Advertising in some jurisdictions.

View original content to download multimedia:https://www.prnewswire.com/news-releases/sandhills-medical-foundation-inc-dba-sandhills-medical-data-breach-edelson-lechtzin-llp-launches-investigation-into-exposure-of-personal-information-302760743.html

SOURCE Edelson Lechtzin LLP

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Danish Publisher Automates Digital Textbook Delivery with Integrated WooCommerce-Webdoxx Solution

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5 hours ago

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May 3, 2026

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Danish educational publisher eliminates manual processing errors and delivers instant access to more than 20 digital learning products

LONDON, May 3, 2026 /PRNewswire-PRWeb/ — Forlaget 94, a Danish educational publisher serving commercial colleges and vocational schools since 1994, has transformed its digital textbook distribution by implementing a fully automated WooCommerce-Webdoxx solution.

“Using the Webdoxx-WooCommerce integration we have achieved full automation of order processing, fewer errors, and happier customers,” Tom Gertsen, IT Manager at Forlaget 94

Previously, Forlaget 94 relied on manual processes to distribute digital textbooks to customers. As demand for online educational materials grew, the publisher required a faster, more reliable way to manage orders, provision access, and reduce the risk of administrative errors.

Through its integration of WooCommerce with Webdoxx, Forlaget 94 now runs more than 20 educational products through a 100% automated workflow. The solution automatically processes customer orders and provides instant access to purchased digital textbooks, improving the experience for both customers and internal teams.

“The result is full automation of order processing, fewer errors, and happier customers,” said Tom Gertsen, IT Manager at Forlaget 94 and architect behind the WooCommerce-Webdoxx integration. The automated system has enabled Forlaget 94 to eliminate manual errors, accelerate customer processing, and increase customer satisfaction through immediate access provisioning. The implementation demonstrates how educational publishers can modernize digital content delivery while maintaining secure, managed access to learning materials.

Webdoxx, a service created and managed by Drumlin Security Ltd, provides online DRM and managed document delivery services for publishers, educational organizations, institutions, and commercial content providers.

About Forlaget 94

Forlaget 94 is a Danish educational publisher established in 1994, providing educational products for commercial colleges and vocational schools.

About Webdoxx

Webdoxx is an online DRM and managed document delivery service created and managed by Drumlin Security Ltd. The platform supports secure access to digital publications and documents across a range of sectors, including education, healthcare, government, finance, and publishing.

Media Contact

Mike de Smith, Drumlin Security Ltd, 44 7768404712, info@drumlinsecurity.com, https://www.drumlinsecurity.com/

View original content to download multimedia:https://www.prweb.com/releases/danish-publisher-automates-digital-textbook-delivery-with-integrated-woocommerce-webdoxx-solution-302759942.html

SOURCE Forlaget 94

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