Asgard is a decentralized finance (DeFi) startup focused on enabling on-chain, composable structured trading through its flagship product, Credit Backed Positions (CBP). CBP allows users to create structured positions that are collateralized by credit rather than traditional assets, aiming to improve capital efficiency within DeFi markets. Built on the Solana blockchain, the platform targets traders who require low-latency execution and easy composability with other Solana protocols. During its closed beta, users have already opened CBP positions totaling more than US$35 million, signaling early traction. The fresh capital will be used to refine the CBP product, broaden beta access, and expand integrations across the Solana ecosystem. Management also plans to invest in security audits and develop additional structured products layered on top of CBP. No revenue figures were disclosed in the article.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Dec 2025