NAOS Finance Raises Seed Funding Round with $250 Million in Assets Originated : defi

NAOS Finance Raises Seed Funding Round with 0 Million in Assets Originated : defi


NAOS Finance, a technology company that has originated more than $250 million in crypto assets backed by real-world debt, announced today that it has raised a seed funding round to accelerate its efforts to bridge the worlds of traditional finance and crypto. The round saw participation from Mechanism Capital, The Spartan Group, SNZ, among others.

“To take DeFi to the next level, we need to bring real world assets (RWA) on-chain,” said Andrew Kang, a partner at Mechanism Capital. “Tokenizing RWA will allow for them to be easily plugged into the already vibrant DeFi ecosystem and allow traditional businesses to take advantage of more efficient financial markets.”

Read more:

https://naosfin.medium.com/naos-finance-raises-seed-funding-round-with-250-million-in-assets-originated-53622cba1bda



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