Golden Finance reported that the decentralized cross-asset market Mesh.trade recently raised $1.64 million (30 million South African Rand) for South African mortgage provider Water Financial. The financing involved the issuance of 30,000 shares of Series A preferred stock, paying interest equivalent to an interest rate of 87% on the main loan.
Mesh.trade plans to issue more alternative and private capital assets to investors in the coming months.
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Decentralized cross-asset market Mesh.trade raises $1.64 million in funding.
Golden Finance reported that the decentralized cross-asset market Mesh.trade recently raised $1.64 million (30 million South African Rand) for South African mortgage provider Water Financial. The financing involved the issuance of 30,000 shares of Series A preferred stock, paying interest equivalent to an interest rate of 87% on the main loan. Mesh.trade plans to issue more alternative and private capital assets to investors in the coming months.