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Cion Digital raises $12m in Seed funding

Austin based enterprise SaaS blockchain orchestration platform raised $12m in Seed funding led by Green Visor Capital and 645 Ventures.

Cion is currently piloting its platform with "half-a-dozen customers," including a fintech lender and a vehicle dealer, according to Fulzele. The fintech lender wants to allow its customers to invest in crypto and eventually offer fiat loans against crypto. The vehicle dealer, on the other hand, wants to enable crypto financing for millennials and generation Z who typically don't qualify for traditional financing, said Fulzele.

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blockchain