1. Decentralized cross-asset market Mesh.trade raise 1.64 million USD financing; 2. Chain game infrastructure provider Cartridge completed $7.50 million Series A financing; 3.AI chip startup Groq raised $640 million in a new round of funding. 4. Mineral rights tokenization platform Elmnts completed the pre-seed funding of $2 million.
Decentralized cross-asset market Mesh.trade recently raised $1.64 million (30 million South African Rand) for South African reverse mortgage provider Water Financial. The financing involves the issuance of 30,000 Series A preference shares, paying interest equivalent to 87% of the main lending rate. Mesh.trade plans to issue more alternative and private capital assets to investors in the coming months.