Tare raises $13.25 million to build an Avalanche-based blockchain platform for private credit


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💥 NEW: Tare, a Brooklyn-based fintech startup, has raised $13.25 million from Blockchain Capital to build blockchain software for managing private credit transactions on Avalanche.
THE BLOCK: Avalanche-based private credit infrastructure platform Tare has raised $13.25 million in seed funding led by Blockchain Capital. Janus Henderson, Strobe Ventures, Venture Dept, Neoclassic Capital, and the Avalanche Foundation also participated, along with Aave CEO…
BREAKING: Tare raises $12M to build a regulated financial institution entirely onchain, powered by Avalanche. Tare is building lending and borrowing infrastructure that connects loan originators directly with institutional capital, with Janus Henderson being among key investors.…
really excited to finally announce our lead investment in @tarecredit! we've spent a lot of time thinking about which assets actually make sense to tokenize next, and consumer credit is one of the more interesting candidates. consumer loans are standardized enough to price at… https://t.co/1HUlf06tIw
https://t.co/Vytb8QhD8J
When @humancapitol walked us @strobefund through @tarecredit’s vision, one thing immediately struck us: the scale of the problem and opportunity in what is often seen as boring credit piping, and rarely challenged despite its inefficiencies. Trillions of dollars evaporate into…
Social-monitoring data, not investment advice Elfa post text from Xas of
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