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Hyped to be supporting 3jane and @_yakovsky We need unsecured credit onchain. Many have tried and failed, but it is now possible due to zkTLS, which enables the extraction of offchain credit ratings. LFG 🚀 https://t.co/3l3OiEWxy3
Sunrise $3M Funding Round⚡️ 📑 About: @SunriseLayer is a specialized Data Availability Layer for Proof of Liquidity. 🤝 Investors: MH Ventures, gumi Cryptos, @Animocabrandskk, @coincheckjp, @CogitentV, and @hyperithm 🏷 Valuation: $40M 👉 https://t.co/w35LERP9LT https://t.co/WVW2SE9DrK
3Jane $5.2M Seed Round⚡️ 📑 About: @3janexyz is an Ethereum-based DeFi protocol offering unsecured USDC loans based on credit scores, without collateral. 🤝 Investors: @paradigm (Lead), @cbventures, @robotventures, @wintermute_t, Breed VC, Bodhi Ventures, and others. 👉 https://t.co/QmC4fr5uTP
3Jane, an Ethereum-based decentralized finance (DeFi) protocol focused on unsecured USDC loans using credit scores without collateral, has raised $5.2 million in a seed funding round led by Paradigm. The funding round also included investors such as Coinbase Ventures, Robot Ventures, Wintermute, Breed VC, and Bodhi Ventures. 3Jane aims to create the first scalable credit-based money market on Ethereum, moving DeFi from an asset-based economy to one driven by cryptonative credit creation. The protocol leverages zkTLS technology to enable the extraction of off-chain credit ratings, facilitating unsecured lending on-chain. Industry participants highlight the potential for more capital-efficient money markets and project that trillions of dollars could be transacted on-chain in the coming years as a result of such innovations.
