Tare has closed a $13.25 million seed round to build blockchain infrastructure for private credit on Avalanche, with participation from Apollo Global…
- Tare has secured $13.25 million in seed funding, led by Blockchain Capital, to build blockchain infrastructure for private credit on the Avalanche network.
- The funding will be used for product development and hiring, aiming to bring transparency and efficiency to the traditionally opaque private credit market.
- The investment, with participation from institutional players like Apollo Global Management and Janus Henderson, signals growing strategic interest in tokenizing private credit assets.
Topics: Asset types, Infrastructure providers, Institutional adoption, Private credit high yield, Tokenization platforms, Asset manager initiatives
Tags: #tare #privatecredit #avalanche #blockchaincapital #apolloglobalmanagement #janushenderson #tokenization #seedround #institutionalinvestment #onchaininfrastructure
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