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TechFlow reports that Cicada Partners, a blockchain credit risk management company, has raised $9.7 million in Pre-Seed funding led by Choppa Capital, with participation from Bitscale, Bodhi Ventures, and Shiliang Tang. The funds will be used to seed multiple new non-custodial lending pools and support R&D for novel blockchain lending use cases.
Cicada Partners, an on-chain credit risk management company, has raised $9.7 million in a Pre-Seed funding round led by Choppa Capital, with participation from Bitscale, Bodhi Ventures, and Shiliang Tang. The funds will be used to seed multiple new non-custodial lending pools and support R&D for new blockchain lending use cases.
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