Blockrise gains AFM authorization under EU MiCAR, enabling BTC-backed business loans while safeguarding customer ownership, and announces €15M Series A fundraising following its €2M seed round.
Dutch Bitcoin-only platform Blockrise announced it has received AFM approval under the EU’s Markets in Crypto-Assets Regulation (MiCAR) framework to provide Bitcoin-related services across Europe. In its official statement, the company detailed plans to launch business loans backed by Bitcoin collateral starting at €20,000, ensuring customer ownership is retained and avoiding rehypothecation. Following a €2 million seed financing, Blockrise aims to raise €15 million in a Series A funding round to expand its offerings.