A $5.2 million seed round of crypto credit startup 3Jane, led by Paradigm
PANews reported on June 4 that according to The Block, crypto venture capital firm Paradigm led a $5.2 million seed round of funding for crypto credit startup 3Jane, and the company ended its hidden operation at the same time. 3Jane plans to build the first credit-based money market protocol focused on bringing unsecured credit to the digital asset space.
Described as a "peer-to-pool credit money market," the 3Jane protocol provides unsecured USDC credit services in real-time through algorithms, targeting yield liquidity providers, traders, corporates, and AI agents. At the technical level, 3Jane uses zkTLS technology to extract off-chain credit data in privacy. The project is planned to be launched on the mainnet in the third quarter of 2025, with an initial focus on the US market.