• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Untangled, the Tokenized RWA Platform, Launches with $13.5M Investment to Introduce Private Credit to the Blockchain

Untangled, the Tokenized RWA Platform, Launches with $13.5M Investment to Introduce Private Credit to the Blockchain

user avatar

by Max Nevskyi

2 years ago


Untangled Finance has launched on the Celo network, introducing its Tokenized Real-World Asset (RWA) marketplace, after securing $13.5 million in venture funding. This move aims to bring tokenized private credit onto the blockchain, as revealed to CoinDesk.

Leading the investment round was the London-based Fasanara Capital. The firm has also initiated two credit pools on Untangled's platform, overseeing off-chain activities and the underwriting of loans.

Furthermore, Untangled is set to branch out to Ethereum (ETH) and Polygon's Layer 2 network (MATIC) through Chainlink's (LINK) Cross Chain Interoperability Protocol. This will position the platform as a multichain and interoperable RWA credit system.

This move highlights the growing interest in asset tokenization in the digital asset sector, despite challenges from the recent bear market and notable setbacks from the previous year. Tokenization involves the representation of traditional financial assets - like credit, real estate, or bonds - as digital tokens on a blockchain.

Untangled, the Tokenized RWA Platform, Launches with .5M Investment to Introduce Private Credit to the Blockchain - news

According to a report by Bernstein earlier this year, the market for tokenized assets might surge to $5 trillion within the next half-decade. This growth promises enhanced operational efficiency, and increased liquidity and access for both investors and asset managers.

Untangled is targeting the integration of the conventional private credit market, valued at over $1 trillion, into blockchains through tokenization. As per data from rwa.xyz, decentralized finance (DeFi) currently hosts a mere $550 million in private credit assets.

Untangled offers a platform for creating credit pools on the blockchain, allowing accredited investors, companies, and decentralized autonomous organizations (DAOs) to deposit money for lending and earning returns. In return, depositors are given an ERC-20 token signifying their stake.

The co-founders highlighted several unique features of Untangled in the realm of RWA lending protocols. For instance, it incorporates a liquidation mechanism that can sell off specific collateral assets to enhance the pool's stability if it drops below a set level. Additionally, Untangled employs a proactive credit evaluation system to track potential future risks of borrower defaults. For investors seeking an early exit from the pools, the platform also provides an auction-based withdrawal process.

We see an upcoming merging of worldsFrancesco Filia, CEO and CIO of Fasanara Capital, said in a statement

 “On one side, fintech lending which fills the gap in underserved SME and consumer markets and, on the other, the way values are being transferred within the new world of digital assets.”

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Crypto Trends: Arctic Pablo Coin, Shiba Inu, and Dogwifhat

chest

An overview of current trends in the cryptocurrency market, focusing on Arctic Pablo Coin, Shiba Inu, and Dogwifhat.

user avatarGiorgi Kostiuk

Bitcoin Reaches New Historical Maximum: Price $118,403

chest

Bitcoin has hit a new historical record at $118,403. Leading crypto investors discuss this milestone.

user avatarGiorgi Kostiuk

Qubetics: A New Player in the Crypto Market with Growth Potential

chest

Qubetics launched with high demand, reaching $4.20 within the first hour. Bitcoin and Fantom also show positive forecasts.

user avatarGiorgi Kostiuk

Bitcoin Climbs Above $118,000: Future Predictions and Impact on Altcoin Market

chest

Bitcoin突破117,800美元,市场走势乐观。分析师预测进一步上涨至150,000美元。

user avatarGiorgi Kostiuk

Exploring ESG Investing: What Lies Behind the Promises

chest

Examining the merits and downsides of ESG investing, including greenwashing challenges and their impact on investments.

user avatarGiorgi Kostiuk

Bitcoin and Ethereum: Historic Achievements in the Crypto Market

chest

Bitcoin has reached a record high of $118,000, while Ethereum surged past $3,000. The cryptocurrency market shows strong investor interest.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.