In a groundbreaking move for the cryptocurrency sector, venture capital firm Paradigm has led a $5.2 million seed funding round in 3Jane, an emerging Ethereum-based credit protocol. This investment marks 3Jane's public debut after operating in stealth mode, signaling strong confidence in its innovative approach to crypto lending.
3Jane aims to transform how credit is assessed and extended in the digital asset space by leveraging verifiable financial proofs. This includes traditional metrics like credit scores, integrated with blockchain technology to ensure transparency and security for users seeking crypto-backed loans.
The funding round, announced on June 4, 2025, highlights Paradigm's continued commitment to supporting early-stage crypto startups. With a research-driven approach, Paradigm is betting on 3Jane to address critical gaps in the crypto credit market, where access to reliable lending solutions remains a challenge for many users.
According to industry sources, 3Jane's platform will enable users to access credit based on their digital asset holdings, potentially unlocking new financial opportunities. The protocol is designed to cater to both individual and institutional investors, broadening its impact across the decentralized finance (DeFi) ecosystem.
This investment comes at a pivotal time as the crypto industry seeks more robust financial infrastructure. Experts believe that 3Jane's focus on secure credit evaluation could set a new standard for lending protocols, fostering greater trust and adoption in DeFi markets.
As 3Jane moves forward with its development, the backing of Paradigm positions it as a key player to watch in the evolving landscape of cryptocurrency finance. The startup plans to use the funds to enhance its platform and expand its reach, aiming to redefine credit access in the digital age.