Company Name: Lava

Founders: Shehzan Maredia

Date Founded: January 2022

Location of Headquarters: New York, USA (with some remote employees)

Amount of Bitcoin Held in Treasury: N/A

Number of Employees: 7

Website: https://www.lava.xyz/

Public or Private? Private

Shehzan Maredia wants to make custodying Bitcoin easy.

This is why he founded Lava, an app that he and his team have created that allows users to purchase bitcoin, transact with both bitcoin and stablecoins globally and now hold their bitcoin in self-custody without having to write down a seed phrase.

Maredia is one of a growing list of entrepreneurs in the Bitcoin space who believes that seed phrases — lists of 12 to 24 words used to…

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