Tranched: Revolutionizing Asset-Based Financing with Blockchain
Tranched is an innovative London-based platform that leverages real-time on-chain embedded asset-based financing, effectively linking originators of credit products with institutional investors. This breakthrough in technology significantly reduces both the costs and time required to bring financing solutions to market. Recently, Tranched completed a successful pre-Seed funding round, raising an impressive $3.4 million (£2.6 million), with the round being led by Speedinvest. Additional support came from notable investors such as Blockwall, Kima, and OVNI Capital, as well as through participation in Andreessen Horowitz’s prestigious Crypto Startup Accelerator (CSX) program. The capital raised will be instrumental in broadening Tranched’s product offerings and expanding its operations beyond Europe, targeting lenders, credit funds, asset managers, and banks across the globe.
The primary goal of Tranched is to revolutionize the expansive €12 trillion global securitization industry.
The platform aims to automate traditionally manual processes, simplifying the structural complexities and exorbitant fees that currently pervade the securitization landscape. As highlighted by Michael Elalouf, co-founder of Tranched, the platform significantly streamlines operations, saving lenders both time and resources, which can lead to cost reductions of up to 90% in initial transactions. This efficiency not only bolsters the economic health of lenders but also benefits their clients, consumers, and small businesses by granting them more affordable access to financing options. The emphasis on improving transparency and minimizing the reliance on intermediaries in asset-based deals is a critical aspect of Tranched’s mission, particularly in a rapidly evolving financial environment.
Through the utilization of advanced blockchain technology, Tranched is poised to transform asset-based lending by creating a direct connection between lenders and investors. By implementing a unique protocol to tokenize receivables, Tranched enables real-time verification of eligibility and automates complex asset-based facility operations that institutional investors expect. This novel approach not only enhances the visibility of finance receivables on-chain but also ensures instantaneous reporting and updates concerning repayments and balance shifts. By offering diverse tranche tokens that cater to various investor profiles, Tranched paves the way for increased liquidity in the asset class and lays the groundwork for broader adoption of digital currencies in the future. The vision is clear: to establish Tranched as a leading infrastructure for financing, driving forward with the transition to digital currency that is anticipated to gain momentum in the coming years.
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