According to a report by ffnews, London-based blockchain embedded asset financing platform Tranched has announced the completion of a $3.40 million Pre-Seed funding round, led by Speedinvest, with participation from Andreessen Horowitz's Crypto Startup Accelerator (CSX), Blockwall, Kima, and OVNI Capital. Specific valuation information has not been disclosed. Tranched aims to simplify the asset financing process through blockchain technology, eliminating the structural complexity and high costs associated with securitization. The new funding will support its business expansion from Europe to lenders, credit funds, asset management companies, and banks.

PANews reported on November 13th that Tranched, a blockchain embedded asset financing platform based in London, has completed a $3.40 million Pre-Seed funding round. Speedinvest led the round, with participation from Andressen Horowitz's crypto startup accelerator (CSX), Blockwall, Kima, and OVNI Capital. Specific valuation details have not yet been disclosed.

Tranched aims to simplify the asset financing process through blockchain technology, eliminating the structural complexity and high costs associated with securitization. The new funding will support its expansion from Europe to lenders, credit funds, asset management companies, and banks.

The blockchain embedded asset financing platform Tranched has completed a $3.40 million Pre-Seed funding round.