BitFi is a CeDeFi platform bridging institutional CeFi strategies with on-chain DeFi yields, allowing users to deposit BTC or stablecoins and earn risk-managed returns. Its two main products are bfBTC, a yield-bearing Bitcoin liquid staking token, and bfUSD, a flexible yield-generating stablecoin. $BFI is the native governance token, unlocking staking rewards, platform perks, and voting rights for holders.
In June 2024, BitFi raised $50M via a Seed Round from Fundamental Labs, IBC Ventures, CGV FoF, and others.
| Fund | Score | Type | Retail ROI | Numbers of investments |
|---|---|---|---|---|
| N/A | 0.55x | 8 | ||
| N/A | 0.03x | 2 |