Intain, a New York-based finance platform for issuers and investors, raised an undisclosed amount in funding.
The round was led by Blizzard, and JAM FINTOP Blockchain.
The company intends to use the funds to help scale Intain MARKETS, a structured finance marketplace scheduled for launch in July, and also procure intellectual property rights for the artificial intelligence software for validating assets, while ramping up technical teams in India, and product and sales teams in the U.S.
Intain is building blockchain-enabled digital platforms for transparency and efficiency in capital market transactions, with initial focus on structured finance.
The company’s servicing and administration platform, Intain ADMIN, has achieved incremental adoption within the asset securitization space. With assets approaching $5B in value across a variety of classes and deal structures currently being administered on Intain ADMIN, the company is positioned for the next phase of growth and launch of Intain MARKETS, its marketplace for structured finance.
FinSMEs
07/07/2022