Posted 10/10/2023, 11:01:00 PM
Untangled Raises $13.5M to Bring $1T Private Credit Market On-Chain via Tokenization
- Tokenized RWA platform Untangled goes live on Celo after raising $13.5M in funding to bring private credit on-chain
- Lead investor is Fasanara Capital; platform to expand to Ethereum and Polygon via Chainlink
- Goal is to bring $1T private credit market to blockchain through tokenization
- Platform features liquidation engine, forward-looking credit assessment, and auction-based withdrawals
- Sees merging of fintech lending and digital asset transfer of value
