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Goldman, BlackRock Alumni Raise $4 Million to Put Farm and Apartment Loans Onchain

By Decrypt Staff

Birch Hill, founded by Goldman Sachs and BlackRock alumni, raised $4 million in a seed round led by Multicoin Capital to build a regulated path for bringing U.S. loans onchain.

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Funding round

A stage in which a startup raises money from investors, named in sequence such as seed, Series A and Series B.

Each round sets a valuation and shows how much confidence investors have in the company.

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