[Bitcoin Lending Platform Lava Completes $200 Million Financing] Foresight News reports, as covered by bitcoinmagazine, that the Bitcoin lending platform Lava has completed $200 million in financing and launched a new product—Bitcoin Line of Credit (BLOC). This product functions similarly to securities-backed loans or home equity lines of credit but allows users to flexibly borrow against Bitcoin as collateral without the monthly repayment or term restrictions commonly seen in the current Bitcoin collateral loan market. Additionally, Lava has brought on two renowned angel investors: Bitcoin investor and entrepreneur Anthony Pompliano, and EMJ Capital founder Eric Jackson.