Abu Dhabi-Based Credbull Closes $5.2 Million Round to Enhance Transparency and Inclusivity in the Private Credit Market
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Credbull, the pioneer behind the first licensed on-chain private credit fund launched on the Polygon PoS blockchain in April, has announced the closure of a $5.2 million funding round. The investment was led by GnosisVC, with significant contributions from Outlier Ventures, HODL Ventures, XBTO, LucidBlue Ventures, CryptoHedge, Marcello Mari of SingularityDAO, and other strategic partners.
The company aims to bridge traditional finance and Web3 by making private credit investments more accessible to a broader audience. By leveraging blockchain technology, Credbull seeks to democratize real-world asset (RWA) investments, enhancing transparency and inclusivity in the private credit market.
This innovative approach positions it at the forefront of merging conventional finance with the evolving blockchain ecosystem.
Source: Bradley Keoun / Coin Desk
Credbull
Whether you're a crypto platform, native crypto or new to DeFi, Credbull offers you the most compelling DeFi real-world asset solution in the market.
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