Long-tail asset liquidity platform Tren Finance announced the completion of its seed round financing, with participation from Contango Digital Assets and others

ChainCatcher news, long-tail asset liquidity platform Tren Finance announced on X that it has completed its seed round financing, with participation from institutions such as Contango Digital Assets, Maven Capital, Moonrock Capital, OIG Capital, Metabros, and OZARU Ventures.

It is reported that the funds from this round of financing will be used to build a (re)enablement protocol for DeFi.

Additionally, the Web3 asset data platform RootData shows that Tren Finance is a liquidity platform for crypto long-tail assets. By supporting niche assets as collateral, Tren Finance aims to unlock higher capital efficiency for various crypto assets.