# Etherfuse

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/etherfuse

- Industry: Software
- Headquarters: Irvine, US
- Website: www.etherfuse.com
- Total disclosed funding: $3M
- Latest round: Seed (May 31, 2024)
- Investors on record: 3

## About

Based in California, US, and founded in 2019, Etherfuse Inc., a.k.a. Etherfuse operates as a fintech company that integrates blockchain technology with traditional financial markets to democratize access to financial assets, enhancing global financial inclusion. In May 2024, Etherfuse Inc. raised USD 3 million in seed funding led by White Star Capital, with participation from North Island Ventures, and Stellar Development Foundation.

Etherfuse offers blockchain-based financial products that bridge traditional finance (TradFi) and decentralized finance (DeFi). The platform provides tokenized treasury bonds, called Stablebonds, which are backed by real-world government bonds, offering security and transparency to retail investors. Additionally, Etherfuse offers Sovereign Coins, customizable stablecoins backed by tokenized government bonds, designed for secure on-chain transactions. These solutions enable secure access to financial markets and integrate traditional assets with blockchain ecosystems, promoting financial inclusion and transparency.

The company plans to use its proceeds from May 2024 funding to expand its services in tokenizing real-world assets, with a focus on emerging markets.

## Funding rounds

- Seed, May 31, 2024, $3M — White Star Capital, North Island Ventures, Stellar Development Foundation

## Investors

- White Star Capital (https://capitalatlas.ai/funds/white-star-capital) — Seed
- North Island Ventures (https://capitalatlas.ai/funds/north-island-ventures) — Seed
- Stellar Development Foundation — Seed