Tenka Secures Pre-Seed Funding to Revolutionize Asset-Backed Finance
Tenka, a London-based startup, has closed its pre-seed round to build infrastructure for asset-backed finance. The round was led by Maven 11, with participation from Gami Capital and angel investors.
The funding will go toward constructing a platform that ties together loan origination, placement, and secondary market trading for asset-backed finance, all running on-chain.
Tenka aims to create a standardized market layer where investors can gain liquidity on private credit positions before the underlying loans mature. The platform will feature independent net asset value calculations published on a weekly basis and on-chain verification through a partnership with Tranched.fi.
The platform is designed for professional and eligible investors, meaning permissioned wallets, KYC/AML checks, and audited smart contracts are all part of the architecture.