Kasu Secures US$3M Seed Funding to Revolutionise Business and Corporate Lending through DeFi
Kasu is a Real World Asset (RWA) business lending protocol that leverages proprietary tech to deliver the most risk-optimised RWA yields in DeFi.
We are excited to announce Kasu's successful $3 million funding round, a testament to our innovative approach in integrating Real World Asset lending with the transformative power of Decentralised Finance (DeFi). This strategic investment, led by Woodstock Fund, Morningstar Ventures, and Faculty Group, alongside a consortium of venture capitalists and key opinion leaders, marks a pivotal moment for business and corporate lending.
Kasu, in collaboration with our innovative partner Apxium Technologies, is set to redefine access to capital for large corporations and small and medium-sized enterprises (SMEs). Our unique RWA lending platform stands out by addressing the root cause of borrowing needs before extending funds, offering sustainable and creditworthy lending opportunities that combine the best of DeFi with real-world assets.
This funding enables us to further enhance proprietary technology, develop our product offerings, and forge strategic partnerships to expand our ecosystem. Our goal is to provide DeFi investors with high quality, risk adjusted returns from creditworthy business borrowers, while offering them an alternative to traditional loans from commercial banks.
Kasu’s COO, Leon Ploubidis, shares his gratitude: "We are thrilled to have the backing of so many industry leaders and investors. Their support is a testament to the strength of our business model and the potential of Kasu to make a significant impact in DeFi and traditional finance."
Discover more about Kasu and our innovative RWA platform by visiting: https://www.kasu.finance/
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