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Tokenization Platform Etherfuse Raises Seed Round at $12.5 Million Valuation

Jul 22, 2024 #仮想通貨
Tokenization Platform Etherfuse Raises Seed Round at .5 Million Valuationコインチェーン 仮想通貨ニュース

Etherfuse, a tokenization platform for real-world assets, has raised $3 million in a seed funding round, bringing its valuation to $12.5 million. This article explores Etherfuse’s mission and future plans.

Points

  • Etherfuse raised $3 million in a seed funding round, valuing the platform at $12.5 million.
  • The platform focuses on tokenizing emerging market assets.
  • Future plans include expanding tokenized assets and supporting more blockchain networks.

Etherfuse, a real-world asset (RWA) tokenization platform, has successfully raised $3 million in a seed funding round, bringing its total valuation to $12.5 million. The funding round was co-led by White Star Capital and North Island Ventures, with participation from Stellar Development Foundation, FunFair Ventures, and other notable investors.

Mission and Focus: Etherfuse aims to innovate the tokenization of emerging market assets, offering products such as tokenized Mexican Federal Treasury Certificates (CETES) and tokenized Brazilian National Treasury Notes (NTS). The platform provides a stable, yield-bearing asset denominated in Mexican pesos, addressing the demand for secure and profitable investment opportunities.

Funding and Growth: The $3 million seed round brings Etherfuse’s total funding to $5 million

, following a $2 million pre-seed round raised from friends and family. The funds will be used to expand the platform’s offerings and enhance its technological capabilities.

Tokenized Products: Etherfuse currently offers four short-term tokenized debt products: tokenized Mexican Federal Treasury Certificates (CETES), tokenized Brazilian National Treasury Notes (NTS), tokenized European Union bonds from Spain and Germany, and tokenized U.S. Treasurys. These products, referred to as “stablebonds,” provide stable investment options backed by physical bonds issued by sovereign entities.

Future Plans: Etherfuse plans to tokenize a broader range of assets, with a goal of offering over 3,500 RWAs (real-world assets) within the next 18 months. This expansion includes most governments’ short-term debt and various assets available on the Mexican stock exchange. The platform is currently live on the Solana, Stellar, and Base blockchains, with plans to support additional networks in the near future.

Platform Vision: Etherfuse aims to simplify access to high-yield, stable investment assets by removing barriers that currently prevent people and businesses from leveraging these opportunities. The platform’s mission is to capture and expand the emerging bond market, providing an API to the blockchain world that connects to some of the safest investment assets.

Explanation

  • Seed Funding: The successful $3 million seed round, bringing the valuation to $12.5 million, reflects investor confidence in Etherfuse’s mission and growth potential.
  • Tokenized Products: Etherfuse’s stablebonds offer secure, yield-bearing investment options, backed by physical sovereign bonds.
  • Future Expansion: Plans to tokenize over 3,500 RWAs and support additional blockchain networks highlight Etherfuse’s commitment to innovation and accessibility.
  • Platform Vision: Etherfuse seeks to democratize access to high-yield investments by tokenizing real-world assets and providing a seamless connection to the blockchain ecosystem.