Tranched, a blockchain-based embedded asset financing platform headquartered in London, announced the completion of a $3.4 million financing round. Speedinvest led the round with participation from Andreessen Horowitz's crypto startup accelerator (CSX) program, Blockwall, Kima, and OVNI Capital. The specific valuation information has not been disclosed. Tranched aims to simplify the asset financing process through blockchain technology, eliminating the complexity and high costs associated with securitization. The new funding will support its expansion from Europe to lenders, credit funds, asset management companies, and banks.

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