According to ChainCatcher news, the long-tail asset liquidity platform Tren Finance announced on X that it has completed its seed round of financing, with participation from institutions such as Contango Digital Assets, Maven Capital, Moonrock Capital, OIG Capital, Metabros, and OZARU Ventures.
It is reported that this round of financing will be used to build the (re)enable protocol for DeFi.
Additionally, according to the Web3 asset data platform RootData, Tren Finance is a liquidity platform for long-tail crypto assets. By supporting niche assets as collateral, Tren Finance aims to unlock higher capital efficiency for various crypto assets.