TVL Capital has successfully raised $5 million in a funding round to develop on-chain structured products, as announced by co-founder Lars, a former derivatives trader. The company aims to introduce compliant, composable structured derivatives on-chain, serving as digital equivalents to traditional exchange-traded products (ETPs). Initially leveraging traditional financial infrastructure, TVL Capital plans to eventually offer fully digital-native products, addressing the current gap in DeFi for tools akin to traditional structured products.