$13.25M JUST ENTERED THE PRIVATE CREDIT DEFI GAME. ๐
Tare has just completed a $13.25M seed round, led by Blockchain Capital, with participation from Janus Henderson, Strobe Ventures, Avalanche Foundation, as well as CEO of Aave Stani Kulechov and co-founder of Tether Phil Potter.
Tare wants to bring private credit on-chain on Avalanche: digitizing loan documentation, automating operations, and enabling direct connections between borrower โ lender.
I think the thesis is pretty clear: move a credit market full of middlemen onto the blockchain to cut out intermediary costs.
PRIVATE CREDIT JUST GOT A BLOCKCHAIN MAKEOVER. ๐
Can DeFi actually compete with the traditional private credit market, or is it just tokenizingโฆ a mountain of paperwork? ๐
#defi #Avalanche #PrivateCredit #RWA #Crypto
Keerthi Moudgal (left), Kevin Miao (center), and Lucas Vogelsang (right) built Tare to simplify the behind-the-scenes work of private lending.
Tare has just completed a $13.25M seed round, led by Blockchain Capital, with participation from Janus Henderson, Strobe Ventures, Avalanche Foundation, as well as CEO of Aave Stani Kulechov and co-founder of Tether Phil Potter.
Tare wants to bring private credit on-chain on Avalanche: digitizing loan documentation, automating operations, and enabling direct connections between borrower โ lender.
I think the thesis is pretty clear: move a credit market full of middlemen onto the blockchain to cut out intermediary costs.
PRIVATE CREDIT JUST GOT A BLOCKCHAIN MAKEOVER. ๐
Can DeFi actually compete with the traditional private credit market, or is it just tokenizingโฆ a mountain of paperwork? ๐
#defi #Avalanche #PrivateCredit #RWA #Crypto
Keerthi Moudgal (left), Kevin Miao (center), and Lucas Vogelsang (right) built Tare to simplify the behind-the-scenes work of private lending.
