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The Venture Codex

Linen App

44 Tehama St, San Francisco, California, 94105, United States

Overview

Bloqboard operates a platform that enables peer-to-peer lending of cryptocurrency via smart contracts and supports operations on ERC20 tokens. Co-founded by Alex Bazhanau and Vitaly Bahachuk, the product facilitates lending, borrowing and techniques used by equity traders, with a specific emphasis on enabling short selling. During a limited beta, approximately $150,000 in loans were borrowed through the service. The company plans to support more sophisticated token-lending use cases and envisions tokenized real assets serving as stable collateral to allow businesses and institutions to borrow stablecoins. Bloqboard’s lending system is powered by decentralized lending protocols; the app moved out of beta and is described as ready for business.

Total raised
$1M
Funding rounds
1
Latest round
Equity
Latest activity
Nov 2018

Industries

  • Apps
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Finance
  • Financial Services
  • Web3
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Recent funding

  1. Equity

    Nov 2018

    $1M

Team