logo
logo

Rocifi Raises $2.7 Million In Seed Funding To Lend Money To Anonymous Users In Defi

Apr 12, 2022•about 3 years ago

Amount Raised

$2.7 Million

Round Type

seed

Pittsburgh

Description

RociFi, a decentralized zero and under-collateralized lending protocol, has announced completing a seed funding round of $2.7 million USD (closed in November 2021) from Arrington, Goldentree, Nexo, LD Capital and Skynet Trading.

Company Information

Company

Roci Fi

Location

Pittsburgh, Pennsylvania, United States

About

RociFi is the Layer 1 for a permissionless, multi-chain web3.0 credit economy by enabling zero and undercollateralized peer-to-peer lending. The protocol leverages on-chain data, machine learning and decentralized identity data points to facilitate under-collateralized loans via the blockchain. With the goal of providing lending for Web 3.0, RociFi is building a credit solution for the future that ultimately eliminates the dependency on traditional finance structures.