Avalanche Foundation’s Blizzard Fund and JAM FINTOP Blockchain Back Intain’s Deployment of Blockchain in Traditional Financial Systems

NEW YORK, July 6, 2022 /PRNewswire/ — Intain Inc., a leading blockchain-enabled structured finance platform for issuers and investors to connect in an efficient, secure and trustworthy way, today announced it has closed a funding round. The funds will be used to scale Intain MARKETS, a structured finance marketplace due to launch in July.

The limited funding round included participation from investors who share Intain’s vision of bringing traditional financial institutions and real-world assets to the blockchain. Lead investors included Blizzard, a venture capital and seed fund managed by the Avalanche Foundation that supports projects in the Avalanche community, and JAM FINTOP Blockchain, a financial institution-focused blockchain infrastructure venture fund.

Intain’s service and administration platform, Intain ADMIN, has achieved gradual adoption in the asset securitization space. With approaching fortune $5 billion The company is well positioned for the next phase of growth and the launch of Intain MARKETS, its structured finance marketplace.

Intain plans to launch Intain MARKETS in summer 2022 and will use the funds from the investment round to acquire intellectual property rights for artificial intelligence software for asset validation, while strengthening the technical teams Indiaand product and sales teams in the United States

“Avalanche and JAM FINTOP represent the strategic merger of two worlds of finance and align with Intain’s mission to build the digital future of traditional structured finance, enabled by blockchain,” said Siddhartha, Founder and CEO of Intain. “We are not creating a new asset class, nor are we offering risk-free returns of 15% APY. We build a transparent and efficient version of the existing financial system. We’ve worked hard to build the most resilient structured finance management platform on blockchain and are pleased to be recognized by blockchain industry leaders and prominent financial services firms investing in our platform as they build a marketplace.”

Intain selected Avalanche for Intain MARKETS due to the subnet architecture and focus on DeFi. The subnet architecture allows platforms like Intain to create an approved scope for selected financial institutions.

“Subnets will catalyze explosive growth and adoption of institutional DeFi,” he said Lydia Chiu, Vice President of Business Development at Ava Labs, on behalf of the Blizzard Fund. “Each subnet can be tailored to the precise needs of the application, including customizable gas rates, economics, validator sets, KYC requirements and much more -end administration on-chain.”

By uniting issuer, verifier, underwriter, servicer, trustee, rating agency and investor on one integrated and automated platform, Intain a $1020M Structured financing transaction feasible. This ability to securitize in smaller increments will allow a larger concentration of asset lenders to access a broader pool of investors and make their fundraising more efficient.

In addition to attracting a new group of investors attracted by smaller ticket sizes, it will provide better risk-adjusted returns for current investors and faster circulating capital with the transparency and auditability established in the blockchain. This is one of the main advantages of verifying and managing loans via blockchain.

“We invest in companies dedicated to solving the problems of the financial world, so Intain fits perfectly into our portfolio and network of over 90 regulated financial institutions. Intain’s mission to leverage blockchain technology to enable structured finance is critical to an industry historically fraught with complexities, inefficiencies and intermediaries, and we believe its go-to-market strategy is aligned with that how companies will adopt and use distributed ledger technology in this space over time,” the company said Ryan Zachary, General Partner at JAM Special Opportunity Ventures. “We believe Intain has the team, technology and strategic partners to become the primary engine to bring real structured credit to the chain.”

About Intain:

Intain builds blockchain-enabled digital platforms for transparency and efficiency in capital markets transactions, with an initial focus on structured finance. Founded by financial services and technology veterans, Intain understands the impact – benefits and risks – of technology in financial services. Intain is committed to diversity in the fintech space and more than 50% of its employees are women. For more information visit www.intainft.com.

About the Blizzard Ecosystem Fund:

Blizzard is a $200M+ fund driving development, growth and innovation across the Avalanche ecosystem and beyond, comprised of contributions from the Avalanche Foundation, Ava Labs, Polychain Capital, Three Arrows Capital, Dragonfly Capital, CMS Holdings and Republic Capital.


JAM FINTOP brings together banking professionals and seasoned fintech entrepreneurs to invest in companies that are transforming the way financial institutions and their customers move, track and interact with money. JAM has been investing in public and private community banks for 27 years and FINTOP Capital is a leading fintech investor with over 140 years of collective experience. For more information visit www.jamfintop.com.

JAM FINTOP is a joint venture between JAM Special Opportunity Ventures (“JSOV”), a subsidiary of Jacobs Asset Management (“JAM”), and Nested Rails (d/b/a FINTOP Capital).

Jacobs Asset Management and JAM Special Opportunity Ventures are not affiliated with Nested Rails (d/b/a FINTOP Capital).

Media contact: Philip Robertson
E-mail: probertson@impactpartners.llc



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SOURCE Intain Inc

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