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Just caught wind of an interesting development in the crypto lending space. Votre, a New York-based platform, just wrapped up a $3.75M seed round led by a16z CSX, with MaC Venture Capital and several angels jumping in.
What caught my attention is their focus on non-custodial lending crypto solutions built on Base Layer 2. They're basically trying to make on-chain lending more accessible and secure without the custody risk that haunts traditional platforms.
The funding is going toward scaling their tech infrastructure and rolling out more features on their lending platform. Given how much attention Base Layer 2 is getting right now, this feels like solid timing for them to build out their crypto lending stack.
If you're into decentralized finance and watching the lending crypto space evolve, this is worth keeping an eye on. Projects like this are the ones actually building the infrastructure for the next wave. Definitely something I'm monitoring on Gate along with other emerging DeFi protocols.