Lantern Finance raised over $1 million in a pre-seed round led by a diverse group of institutional and angel investors to advance its crypto-backed lending platform.
Lantern Finance raised over $1 million in a pre-seed round led by a diverse group of institutional and angel investors to advance its crypto-backed lending platform.
02/28/25, 3:01 PM
Location
san franciscoMoney raised
$1 million
Industry
cryptocurrency
lending
blockchain
fintech
financial services
Round Type
pre-seed
Investors
Andover Ventures, Supermoon Ventures, Orange Dao
Lantern Finance announced the successful close of its oversubscribed pre-seed financing round. The funding aims to enhance the development of their crypto-backed lending platform for US-based investors.
Company Info
Location
san francisco, california, united states
Additional Info
Lantern is a financial services and technology company built for crypto investors. Our mission is to simplify the world of crypto finance by offering a safe, seamless platform where users do more with their crypto assets. Lantern's primary offering is a crypto-backed loan product, which allows clients to safely access loans against their crypto holdings.