On-chain credit risk management company Cicada Partners has completed a $9.7 million Pre-Seed round of financing, led by Choppa Capital

ChainCatcher news, on-chain credit risk management company Cicada Partners has completed a $9.7 million Pre-Seed funding round, led by Choppa Capital, with participation from Bitscale, Bodhi Ventures, and Shiliang Tang. The funds raised will be used to provide seed capital for multiple new non-custodial lending pools and to conduct research and development on new blockchain lending use cases.