UK fintech Untangled Finance has successfully secured $13.5 million for its platform, designed to provide institutional-grade credit with an integrated liquidation mechanism on-chain.
Fasanara Capital led the funding round for Untangled, which was established in 2020 by a team with expertise in finance, asset origination, and emerging markets, aiming to bridge the gap between DeFi and traditional finance.
The platform focuses on tokenizing real-world private credit assets, such as invoices and SME loans, into on-chain structured credit pools. These pools facilitate the issuance of collateralized debt notes for both DeFi and TradFi investors.
According to Untangled, tokenization leverages blockchain technology to move traditional assets on-chain, thus enabling fractional ownership and borderless access, making capital more accessible and fairly priced.
Untangled’s platform concentrates on the private credit markets. Through its partnership with Fasanara, the protocol gains access to over 130 verified asset originators across 60 countries.
Manrui Tang, co-founder of Untangled Finance, stated, “Since 2017, our focus has been on real-world asset tokenization, where we see growing interest. Our partnership with Fasanara is a step towards developing reliable DeFi yield mechanisms, broadening investment possibilities in crypto while helping to mitigate its inherent volatilities, and striving to make finance more accessible worldwide.”