Pine Protocol

Pine Protocol

Lending and borrowing protocol

About Pine Protocol

Founded

2021

Community

Pine Protocol is a lending and borrowing protocol built on multiple blockchains to facilitate on-chain asset-backed financing. As a two-sided protocol, Pine enables borrowers to use their assets, represented on-chain through NFTs, as collateral to borrow cryptocurrencies from lenders in real-time, in a fair, transparent, and efficient manner.

Team Members

Justin Herlick
Justin HerlickCoFounder/CEO

Investors

Amber GroupAmber Group
Sparkle VenturesSparkle Ventures
Shima CapitalShima Capital
The Spartan GroupThe Spartan Group
The LAOThe LAO
MapleblockMapleblock
David ChoiDavid Choi
Ryze LabsRyze Labs
Impossible FinanceImpossible Finance
Gate VenturesGate Ventures
Alameda ResearchAlameda Research

Fundrasing details

Funding RoundAmountValuation
Date
Investors
Private
$3.00M
--
2022-12-15
Amber GroupAmber Group*
Sparkle VenturesSparkle Ventures*
+ 5
Seed
$1.50M
$20.00M
2022-05-18
Ryze LabsRyze Labs*
The Spartan GroupThe Spartan Group*
+ 4