Blockchain lending protocol Credit Coop completes $4.5 million seed round led by Maven 11 and Lightspeed Faction
According to ChainCatcher, as reported by PRNewswire, blockchain lending protocol Credit Coop has announced the completion of a $4.5 million seed funding round, led by Maven 11 and Lightspeed Faction, with participation from a certain exchange Ventures, Signature Ventures, Veris Ventures, TRGC, and dlab. The new funds will be used to support the development of its credit protocol, which converts commercial cash flows into programmable collateral based on Spigot smart contracts, in order to provide real-time settlement, automated lending services, and transparent credit monitoring.
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