Blockrise obtains MiCAR license to launch BTC-collateralized lending, plans to raise €15 million.

Odaily Planet Daily reports that Dutch Bitcoin platform Blockrise has announced it has received authorization from the Dutch Financial Markets Authority (AFM) under the EU MiCAR framework to provide Bitcoin-related services in Europe. Blockrise is a "Bitcoin-only" platform that will offer loans to corporate clients secured by Bitcoin, with a minimum loan amount of €20,000. Clients retain ownership of the collateralized BTC, which cannot be re-pledged. The company previously raised €2 million in seed funding and now plans to launch a €15 million Series A round to expand its EU market and lending business.