On-chain private equity lending startup Valinor completes $25 million seed funding round, led by Castle Island Ventures

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Deep Tide TechFlow news. On March 30, according to Fortune, Valinor, a blockchain private credit startup co-founded by former Blackstone employees, announced the completion of a $25 million seed round. The round was led by Castle Island Ventures, with participation from Susquehanna’s crypto division, Maven11, and the founders of TeraWulf, a Bitcoin mining company-turned artificial intelligence firm.

Valinor’s core business is to put private credit workflows on-chain. Traditional private credit firms, when handling business such as revolving credit facilities, rely on manual verification and spreadsheet-based coordination. Valinor plans to replace the above processes with smart contracts to enable automated fund routing and condition-triggered execution.

Both co-founders have backgrounds in traditional finance. They previously worked at banks and in Blackstone’s private credit division, and in 2022 they pivoted into the crypto industry. Valinor initially focused on providing loans to crypto companies, and later introduced blockchain technology into the lending process to improve efficiency. To date, the company has used blockchain technology to complete lending for several fintech and crypto firms.

The funds raised in this round will be used to expand the loan volume, broaden the customer base, and add team members. Currently, the company has 6 employees.

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