Crypto
TVL Capital raises $5 million to speed ETP on-chain push
TVL Capital, an institutional digital asset infrastructure company founded by former Morgan Stanley digital asset markets head Andrew Peel, has raised $5 million. The round was led by San Francisco-based venture capital firm Framework Ventures. TVL Capital plans to use the funds to strengthen its engineering and business development capabilities and speed the launch of its chain-traded product, or CTP. The company describes CTP as an on-chain version of exchange-traded products.