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DeFi Adoption: Blueprint Finance Secures $7.5M to Support On-Chain Debt and Credit Solution

Feb 16, 2024•almost 2 years ago

Amount Raised

$7.5 Million

Round Type

seed

San FranciscoSoftware

Investors

Canonical CryptoPicks & ShovelsPortal VenturesHyperithmTerra NovaKronos ResearchAvalanche FoundationWw VenturesVeris VenturesAwesome People VenturesLightshiftHypersphereSaltTribe CapitalHashed

Description

Blueprint Finance secures $7.5M in funding to support its on-chain debt and credit solution, the Concrete Protocol. The financing was led by Hashed and Tribe Capital, with participation from various other investors.

Company Information

Company

Blueprint Finance

Location

San Francisco, California, United States

About

Blueprint Finance is a company focused on providing on-chain debt and credit solutions for the DeFi ecosystem. Its flagship product, the Concrete Protocol, is designed to offer higher yields, liquidation protection, and advanced predictions in DeFi money markets.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers