Birch Hill raises $4 million seed round to bring U.S. farm and apartment loans onchain
Birch Hill, founded by Goldman Sachs and BlackRock alumni, has raised $4 million in seed funding led by Multicoin Capital to establish a regulated pathway for placing U.S. farm and apartment loans onchain.
Birch Hill has secured a $4 million seed round led by Multicoin Capital, according to Decrypt. The venture, founded by alumni of Goldman Sachs and BlackRock, plans to use the capital to build a regulated path for bringing U.S. farm and apartment loans onchain.[2]
Crypto Briefing reported that Birch Hill's project seeks to integrate traditional lending with blockchain technology, an initiative that could potentially boost efficiency and transparency across credit markets.[1]
Key facts
- Birch Hill raised $4 million in a seed funding round led by Multicoin Capital.
- The company was founded by alumni of Goldman Sachs and BlackRock.
- Birch Hill is developing a regulated pathway to bring U.S. farm and apartment loans onchain.
- The initiative aims to integrate traditional lending with blockchain to potentially improve efficiency and transparency.
Sources · 2 sources
- CB
Crypto BriefingArticle ·
Birch Hill raises $4M to bring US loans onchain Birch Hill's initiative could revolutionize traditional lending by integrating it with blockchain, potentially enhancing transparency and efficiency. The post Birch Hill raises $4M to bring US loans onchain appeared first on Crypto Briefing .
Open source - DE
DecryptArticle ·
Goldman, BlackRock Alumni Raise $4 Million to Put Farm and Apartment Loans Onchain Birch Hill, founded by Goldman Sachs and BlackRock alumni, raised $4 million in a seed round led by Multicoin Capital to build a regulated path for bringing U.S. loans onchain.
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