Birch Hill has successfully raised $2.5 million in a Pre-Seed funding round to bolster its on-chain credit infrastructure. The round was led by ParaFi Capital and Castle Island Ventures, with additional investments from Nascent, FalconX, EV3 Ventures, JST Digital, and Flowdesk. The funding aims to address the infrastructure gap in the on-chain real-world assets (RWA) and stablecoin markets, which currently have a $20 billion RWA supply and a $300 billion stablecoin market cap.
The funding round also saw participation from notable industry figures such as Bluerock founder Ramin Kamfar and The TIE CEO Joshua Frank. Birch Hill's initiative is set to enhance institutional access and efficiency in these rapidly growing markets.
Birch Hill Secures $2.5M Pre-Seed Funding to Enhance On-Chain Credit Infrastructure
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