3Jane, a credit-based money market protocol on Ethereum, has raised $5.2 million in seed funding in a round led by crypto investment firm Paradigm. The June 2025 round also included participation from investors such as Coinbase Ventures, Wintermute Ventures, WMT Ventures, Breed VC, Robot Ventures, Bodhi Ventures and a group of prominent DeFi founders and angels. 3Jane announced the raise publicly on X, framing the capital as support to build what it describes as the first scalable credit-based money market on Ethereum. The protocol is designed to offer algorithmic, real-time unsecured USDC credit lines via a peer-to-pool credit-based money market, targeting users such as yield farmers, traders, businesses, and AI agents. Instead of requiring on-chain collateral like traditional DeFi lending markets, 3Jane underwrites credit based on verifiable financial proofs, including on-chain credit scoring, off-chain credit data, crypto and bank assets, and future cash flows. Lenders deposit USDC and receive yield-bearing “yieldcoins” (USD3 and sUSD3) with structured claims on interest repayments, while borrowers can access 0% collateral credit lines if they meet the protocol’s underwriting criteria. The raise positions 3Jane within a broader push to bridge DeFi and more traditional and cash-flow-based lending models, aiming to unlock additional capital efficiency and expand access to unsecured credit for both cryptonative users and emerging economic actors such as AI agents.

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