July 22, 2024
Etherfuse, a pioneering platform for the issuance of tokenized real-world assets, announced today that it has successfully raised $3 million in a seed funding round. The round was co-led by White Star Capital and North Island Ventures, with participation from The Department of XYZ, The Stellar Development Foundation, Funfair and angels Alice Ann Schwartz & Anna Yuan.
Project | Latest Raise | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|---|
Etherfuse | $3M | July 22, 2024 | Seed Funding | White Star Capital, North Island Ventures | RWA |
This funding will support Etherfuse in its mission to make global capital markets more efficient and accessible through blockchain technology.
Etherfuse has undertaken extensive regulatory efforts in Mexico and aims to use this unique legal framework to establish itself as a leading global platform for compliant tokenized assets. The company has launched five products so far, including short-term notes from Mexico and Brazil. Recently, Etherfuse facilitated the creation of a Mexican stablecoin with their tokenized-Cetes Stablebonds, MXNe, in collaboration with stablecoin issuer Brale. Currently, Etherfuse issues assets on the Solana and Stellar blockchains, with plans to expand to additional chains in the future.
About Etherfuse
Etherfuse is an innovative financial technology company that serves as a gateway to safe financial innovation. It was founded by David and AJ Taylor with the mission to enable communities that create value to capture that growth. They are proven computer science and software engineering leaders with over 20 years of combined experience building large-scale, bleeding-edge technologies.
The company is redefining how equity works in a Web3 world. Etherfuse provides tools, systems, and legal infrastructure to enable global participation in Web3. They specialize in creating products such as Stablebonds and Validator-backed NFTs, ensuring safe and transparent investment opportunities for users
Website: https://etherfuse.com/
X Followers today: 1,901
About Investor
The round was co-led by White Star Capital and North Island Ventures, with participation from The Department of XYZ, The Stellar Development Foundation, Funfair and angels Alice Ann Schwartz & Anna Yuan.
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