Goldman, BlackRock alumni raise $4 million to bring US loans onchain
AI summary
Birch Hill, a startup founded by Goldman Sachs and BlackRock alumni, raised $4 million in a seed round led by Multicoin Capital. The company aims to build a regulated path for bringing U.S. loans, including farm and apartment loans, onchain. The raise signals continued venture interest in tokenizing real-world assets, a narrative traders watch for signs of institutional adoption of blockchain infrastructure.
