Blockchain credit agreement Credit Coop completes a US$4.5 million seed round of financing, led by Maven 11 and Lightspeed Factor
According to online reports, blockchain credit agreement Credit Coop announced that it has completed a US$4.5 million seed round of financing, led by Maven 11 and Lightspeed Factor, and Coinbase Ventures, Signature Ventures, Veris Ventures, TRGC and dlab participated. The new funds will be used to support it in building a credit agreement based on Spigot smart contracts that converts commercial cash flows into programmable collateral to provide real-time settlement, automated loan services and transparent credit monitoring.
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