RWA liquidity platform Tenka closes pre-seed round

Tenka, an on-chain liquidity platform for real-world asset-backed finance, has closed a pre-seed funding round, The Defiant reported. The round was led by crypto-focused investment firm Maven 11, with participation from Gami Capital and several angel investors. The company did not disclose the size of the investment. The proceeds will be used to build market infrastructure linking the issuance, investor distribution and trading of asset-backed financial products. Tenka is building a secondary market on-chain where investors can sell exposure to investments such as long-term loans and lease receivables to other investors before maturity.