Ex-Blackstone Team Raises $25M for Valinor — Bringing Private Credit On-Chain - Crypto Economy

New York-based startup Valinor, dedicated to building “Open Credit” infrastructure, reported a successful $25M seed funding round. This capital injection aims to accelerate the mission of bringing private credit on-chain, connecting institutional capital with the decentralized finance (DeFi) ecosystem. The round was led by Castle Island Ventures, with participation from prominent investors such as Susquehanna, Maven11, Apollo, Neoclassic Capital, The Venture Dept, 57Blocks, The Fintech Fund, and the founders of TeraWulf.

Valinor seeks to optimize the operational efficiency of the private credit market through the use of smart contracts. They aim to automate complex lending processes that currently require intensive human verification and manual approvals. This is particularly relevant in the growing market for tokenized Real-World Assets (RWA), where private credit has positioned itself as the leading category. Valinor has already begun deploying blockchain-based loans to fintech and crypto-sector companies.

With the backing of key institutional investors and a vision centered on credit infrastructure automation, Valinor appears poised to play a leading role in the expansion of the RWA market, which is projected to reach up to $60 billion by the end of 2026. The startup will continue developing its solutions to reduce operating costs and improve transparency in rules-based lending on the blockchain, expanding its customer base and the adoption of its tools.

Source:https://goo.su/Q0UsA

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