RWA e-commerce financing platform Dow Protocol has completed a $10.5 million seed round financing, with participation from MH Ventures and others

RWA e-commerce financing platform Dow Protocol announced the completion of a $10.5 million seed round financing, with participation from MH Ventures, Mapleblock, Animoca Brands, Arcane Group, HSKChain, Essentia Partners, and Quartet Group.

According to reports, Dow Protocol builds a PayFi RWA structure for e-commerce operating capital, specifically addressing the working capital needs of e-commerce merchants. Dow Protocol allows merchants to receive funds within seconds by providing loans in advance based on the merchants' accounts receivable and credit risk data through asset service providers. The repayment and risk system is natively integrated into the e-commerce platform, with funds automatically deducted from the merchant's platform balance.