Chronicle Secures $12 Million to Drive Blockchain Excellence in Tokenized Asset Management

Chronicle, a number one blockchain knowledge supplier specializing in tokenized belongings, has efficiently raised $12 million in a seed funding spherical led by Strobe Ventures (previously BlockTower Capital). The funding spherical additionally noticed participation from outstanding buyers resembling Galaxy Vision Hill, Brevan Howard Digital, Tioga Capital, Fenbushi Capital, and famend crypto angel buyers together with Rune Christensen (founding father of MakerDAO), Andre Cronje (founding father of Sonic and Yearn), Stani Kulechov (founding father of Aave), Mark Phillips (co-founder of Steakhouse), and Sam MacPherson from Phoenix Lab.

Driving Tokenized Asset Adoption with Verified Information:

Based in 2017, Chronicle operates as a decentralized oracle community that gives real-time, verifiable knowledge for tokenized monetary merchandise. The corporate has processed over $20 billion in whole worth secured (TVS), highlighting its vital position in making certain the authenticity and accuracy of information for blockchain-based asset administration. As tokenization of real-world belongings (RWAs) positive aspects momentum, Chronicle is poised to turn out to be an important infrastructure supplier for this quickly increasing sector, which is projected to develop right into a trillion-dollar market over the subsequent decade.

Increasing Infrastructure and Compliance Measures:

With the newly raised capital, Chronicle plans to speed up its product growth, strengthen partnerships, and enhance compliance mechanisms. The corporate’s focus will likely be on increasing the adoption of tokenized belongings by making certain that off-chain knowledge used to help these belongings is correct and safe. Chronicle not too long ago launched its “Verified Asset Oracle,” a groundbreaking solution designed to verify the legitimacy of off-chain assets for major issuers such as Centrifuge, Superstate, and M^0. This innovation enables seamless integration between off-chain data and blockchain ecosystems, ensuring transparency and reliability for tokenized asset investors.

Addressing the Growing Demand for Tokenized Assets:

As the tokenization landscape evolves, Chronicle is positioned to address a major challenge faced by the industry – ensuring the seamless integration of off-chain data into blockchain-based asset structures. By providing a trusted and verifiable data layer, Chronicle empowers enterprises and financial institutions to tokenize assets with greater confidence, enhancing security, and reducing risks associated with asset misrepresentation.

Strategic Vision for the Future:

Chronicle’s vision is to become the foundational infrastructure provider for tokenized assets, supporting the growth of decentralized finance (DeFi) and traditional financial institutions looking to tokenize real-world assets. The funding will enable Chronicle to further solidify its position as a leader in the blockchain oracle space while advancing solutions that enhance trust, security, and efficiency for asset tokenization.

“With tokenization poised to reshape the financial industry, the demand for secure, verified data is greater than ever,” said Magnus Jones, Chief Technology Officer at Chronicle. “This funding allows us to advance our mission of delivering trusted infrastructure that bridges traditional finance with blockchain-powered ecosystems.”

About Chronicle:

Chronicle, founded in 2017, is a decentralized oracle network that provides real-time data verification and validation for tokenized financial products. The company has processed over $20 billion in total value secured (TVS) and continues to pioneer advancements in bridging off-chain data with blockchain-based asset management systems. Chronicle’s commitment to security and compliance has positioned it as a trusted partner for enterprises seeking to integrate tokenized assets into their financial operations.

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