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Anzen Finance raises $4 million in seed funding to broaden USDz support across blockchains and protocols

PRIVATEMay 28, 2024

Amount Raised

$4 Million

Round Type

Seed

Los AngelesFinancial ServicesFinanceFintechCryptocurrencyLending

Investors

Kraynos CapitalM31 CapitalPalm Drive VenturesCherubic VenturesInfinity VenturesArcaFraxCircle VenturesMechanism Capital

Description

Anzen Finance, the issuer of the digital dollar USDz, has raised $4 million in seed funding from notable investors including Mechanism Capital, Circle Ventures, Frax, Arca, Infinity Ventures, Cherubic Ventures, Palm Drive Ventures, M31 Capital, Kraynos Capital and others. The company aims to use the fresh financing to broaden USDz support across blockchains and protocols, broadening the ways users can earn rewards with the token.

Quick answer

Anzen Finance raised $4 Million in a Seed round, dated May 28, 2024. Investors: Kraynos Capital, M31 Capital, Palm Drive Ventures, Cherubic Ventures, Infinity Ventures, Arca, Frax and Circle Ventures. Anzen Finance is based in Los Angeles, California, United States.

How much did Anzen Finance raise?
Anzen Finance raised $4 Million in a Seed round on May 28, 2024.
Who invested in Anzen Finance?
Kraynos Capital, M31 Capital, Palm Drive Ventures, Cherubic Ventures, Infinity Ventures, Arca, Frax and Circle Ventures are named as investors in this round.
What does Anzen Finance do?
Anzen Finance is a firm issuing the digital dollar USDz, allowing users to mint USDz supported by a diversified portfolio of private credit assets and collateralized on cash-flowing RWAs.
Where is Anzen Finance based and how big is it?
Anzen Finance is based in Los Angeles, California, United States.
Who are the decision-makers at Anzen Finance?
Fundz holds 1 contact at Anzen Finance. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as Anzen Finance that raised within 45 days of this round, from Fundz verified event records.

  • Idle raised $2.4M (Funding Round) on July 9, 2024.
  • Netevia raised $120M (Debt Financing) on July 8, 2024.
  • FreeBnk raised $3M on July 4, 2024.
  • RedStone Oracles raised $15M (Series A) on July 3, 2024.
  • Lxme raised $1.2M (Seed) on June 25, 2024.
  • GBank Financial Holdings raised $3.3M on June 25, 2024.

Who to call at Anzen Finance, and when

A new round usually means Anzen Finance is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Anzen Finance raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Anzen Finance, from your own LinkedIn network

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Company Information

Company

Anzen Finance

Location

Los Angeles, California, United States

About

Anzen Finance is a firm issuing the digital dollar USDz, allowing users to mint USDz supported by a diversified portfolio of private credit assets and collateralized on cash-flowing RWAs. The token can also be staked throughout other DeFi protocols and is live on the Layer 1 Ethereum and Layer 2 network Base.

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Anzen Finance raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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