Trident Digital Group, a CT-headquartered digital asset lender, raised $8M in Seed funding.
The round was led by New Form and White Star Capital, with participation from CMT Digital, Joint Effects, and Permit Ventures.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Anthony DeMartino, Trident provides a platform that allows lenders and borrowers to connect transparently and not rely on a central counterparty, a high-yield product that is secured with US Treasuries and linked to the risk-free rate, optimized tax and regulatory solutions for institutional investors, and solution services enterprise solutions for liquidity, security, and scaling issues around digital assets.
Headquartered in Connecticut, the company’s team operates out of New York and London.
FinSMEs
07/09/2023