Tenor raises $2.5 million USD to build blockchain-based lending platform

Québec City-based Tenor , which is developing a blockchain-based lending platform for asset managers and businesses, has raised $2.5 million USD ($3.5 million CAD) in seed funding. The news: Variant led the round, with support from fellow digital asset-focused investors like Nascent and existing backers Prelude, Coinbase Ventures, Lattice, Very Early, and undisclosed angels. This financing comes just five months after Tenor revealed $2.5 million USD in pre-seed funding.