Cryptocurrency lending startup 3Jane completes $5.2 million funding, led by Paradigm

ChainCatcher news, according to The Block, crypto credit startup 3Jane has completed a $5.2 million seed round financing, led by Paradigm, with other specific details not yet disclosed.

The company described its protocol as "a credit-based peer-to-peer currency market that provides yield to farmers, traders, businesses, and AI agents through algorithmic, real-time unsecured USDC credit lines." According to its statement, 3Jane aims to launch its mainnet in the third quarter of this year. The company initially focuses on the U.S. market and stated that the U.S. "credit lines, income-based loans, merchant cash advances, and trade credit" market is valued at over $1 trillion.