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RociFi: Raises $2.7M to Enable On-Chain Credit Scoring for DeFi

RociFi: Raises $2.7M to Enable On-Chain Credit Scoring for DeFi

  • RociFi, a decentralized zero and under-collateralized lending protocol
  • Announced completing a seed funding round of $2.7 million USD
  • Developed a protocol that leverages on-chain data, machine learning and decentralized identity data points
  • This protocol is set to revolutionize lending for those whose digital identities
  • Undercollateralized capital markets represent one of the biggest opportunities to transform capital efficiency in crypto
  • The seed funds will be used to expand and take the product to market, taking advantage of the growing interest
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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