Bia Fund, operated by Bia Labs, Inc., was a US-based financial technology company that aimed to provide high returns on cryptocurrency deposits. The platform allowed users to deposit stablecoins (like USDC and BUSD) and earn a variable annual percentage yield (APY). The company's mission was to simplify crypto investing and make it more accessible. In November 2022, following the collapse of the cryptocurrency exchange FTX, Bia Fund announced it was winding down its operations due to its lending partner's significant exposure and subsequent halting of withdrawals.

Founded in

United States