Techdollar, a blockchain-based private credit platform, has successfully raised $3 million in a Pre-Seed funding round. The investment was led by NoLimit Holdings and Reforge VC, with participation from individual investors including Newmichwill, RoyLearner, and Ansem. Techdollar enables founders, employees, venture investors, and family offices to secure loans using private tech company equity as collateral, without the need to sell shares.
The platform employs a stablecoin-style issuance mechanism and integrates with on-chain liquidity infrastructure, facilitating rapid capital access while ensuring private off-chain custody and compliant underwriting processes. This innovative approach aims to streamline the process of obtaining loans against private equity holdings.
Techdollar Secures $3 Million in Pre-Seed Funding for Blockchain Credit Platform
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