, a pioneering platform for the issuance of tokenized real-world assets, announced today that it has successfully raised $3 million in a seed funding round. The round was co-led by White Star Capital and North Island Ventures, with participation from The Department of XYZ, The Stellar Development Foundation, Funfair and angels Alice Ann Schwartz & Anna Yuan.
Etherfuse has undertaken extensive regulatory efforts in Mexico and aims to use this unique legal framework to establish itself as a leading global platform for compliant tokenized assets. The company has launched five products so far, including short-term notes from Mexico and Brazil. Recently, Etherfuse facilitated the creation of a Mexican stablecoin with their tokenized-Cetes Stablebonds, MXNe, in collaboration with stablecoin issuer Brale.
“Etherfuse will programmatically provide the needed debt and assets to the next generation of blockchain developers, enabling them to revolutionize the finance world,” said David Taylor, CEO at Etherfuse. “These protocols and assets eliminate barriers and intermediaries, granting everyone access to the world’s safest investments.”