Valinor has closed a $25 million seed round led by Castle Island Ventures, with participation from Susquehanna’s crypto arm, Maven11, and the founder of TeraWulf. The financing underscores investor interest in digitizing private credit on-chain. Valinor uses smart contracts to automate private credit, replacing spreadsheets and manual processes.
Valinor’s core business is digitizing private credit processes on-chain. Traditional private credit firms rely on manual verification and spreadsheet coordination to manage facilities such as revolving credit lines.
The company has already issued blockchain-based loans to fintech and crypto firms and plans to scale its lending operations with the new capital. The proceeds will be used to grow the team and expand the customer base, with the current headcount at six employees.
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