According to Techub News, Fintech Finance News reported that Tranched, a blockchain embedded asset financing platform headquartered in London, has completed a $3.4 million financing, led by Speedinvest, and participated by Andressen Horowitz's crypto startup accelerator (CSX) program, Blockwall, Kima and OVNI Capital. The specific valuation has not been disclosed. This round of financing will be used to support its business expansion from Europe to lenders, credit funds, asset management companies and banks. Tranched aims to simplify the asset financing process through blockchain technology and eliminate the structural complexity and high fees involved in securitization.