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The blockchain embedded asset financing platform Tranched has completed a $3.4 million financing round, led by Speedinvest

Nov 13, 2024 16:16:05

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ChainCatcher news, London-based blockchain embedded asset financing platform Tranched has announced the completion of a $3.4 million funding round, led by Speedinvest, with participation from Andreessen Horowitz's Crypto Startup Accelerator (CSX), Blockwall, Kima, and OVNI Capital. Specific valuation details have not been disclosed.

According to RootData, Tranched is an on-chain lending platform that helps the real economy obtain financing in a transparent manner without intermediaries. Tranched can tokenize loans and automate all management and reporting through smart contracts. With a complete security chain, investors can witness the truth of legal, audit, and cash flow becoming an immutable value chain.

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