Blockchain
Wintermute Ventures Backs Synnax, a New Decentralized Credit Platform
Synnax secures funding to enhance its decentralized credit analytics technology with support from Wintermute Ventures.
1 min read
Synnax, a decentralized credit intelligence platform, secure a strategic investment from Wintermute Ventures and TON Ventures, totaling $1.55M.
According to the team, "The capital will fuel the development of Synnax’s Credit Intelligence protocol and its Telegram mini-app – SynQuest, which has attracted 250,000 users in two weeks. Wintermute and TON Ventures’ expertise in decentralized ecosystems aligns with Synnax’s vision. By sourcing predictive credit analytics from decentralized sources, investors can see credit metrics in real-time, eliminating bias from the rating process.”
Further details
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Synnax continues to innovate in the decentralized finance sector, enhancing user engagement and trust through transparency in credit analytics.
