Birch Hill Raises $4 Million in Seed Round Led by Multicoin
Photo: TokenPost
Birch Hill raised $4 million in a seed round led by Multicoin Capital to support its business focused on bringing U.S. apartment, farm and energy loans onchain. ParaFi Capital, Castle Island Ventures and Nascent also participated. The company has three divisions. Vaults serves as a curator on Morpho, assessing credit and setting risk parameters for its vaults and markets. Strategies builds onchain credit products, including a strategy called Birch Hill Absolute Value. Birch Hill’s Enterprise division has applied to the Financial Industry Regulatory Authority (FINRA) for broker-dealer membership. If approved, Enterprise plans to place private-credit offerings with verified accredited investors.
Source: TokenPost
