Blockchain embedded asset financing platform Tranched completes $3.40 million financing, led by Speedinvest
2024-11-13 08:15:54
Headquarters in London block entry-level asset financing platform tranched announceddesk3cryptocurrencydesktopCrypto News
Tranched, a London-based blockchain-embedded asset financing platform, announced the completion of a $3.40 million funding round led by Speedinvest, with participation from Andressen Horowitz's Crypto Startup Accelerator (CSX) program, Blockwall, Kima and OVNI Capital. The specific valuation information has not been disclosed. Tranched aims to simplify the asset financing process through blockchain technology and eliminate the structural complexity and high fees involved in securitization. The new funding will support its expansion from Europe to lenders, credit funds, asset managers and banks.
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