PANews reported on August 2 that Hack VC has led Chateau Capital's Pre-Seed round of financing, according to an official announcement from Hack VC. Chateau is a protocol that puts private equity and fund investments in traditional finance on-chain, providing these private market opportunities to DeFi participants. Chateau is committed to replacing the traditional financial system by connecting DeFi participants with institutional-grade real-world assets such as private equity. Chateau currently allows non-US investors to access tokenized private credit funds managed by an experienced team on Wall Street, as well as more than 1,000 tokenized Pre-IPO private equity including OpenAI, SpaceX, Anthropic, ByteDance, and Zipline.