Crypto
Birchill raises $2.5 million to strengthen institutional on-chain credit infrastructure
Birchill Holdings raised $2.5 million in a pre-seed funding round. The Block reported the round was co-led by Parafi Capital and Castle Island Ventures, with participation from Nascent, FalconX Ventures, JST Digital, Flowdesk and BlueRoc founder Ramin Kampar. Birchill said it will use the funding to expand on-chain credit infrastructure for institutional investors and develop lending strategies focused on structured risk management and capital preservation.