Galaxy Digital-Led $20M Investment in Fence

Mike Novogratz's Galaxy Digital invested 20M$ in Fence. Blockchain credit automation, BBVA partnership details. H token analysis: $0.18, +7.04%, RSI 73. Digital

(05:08 PM UTC)
2 min read
Updated
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Fence's $20 Million Investment Round

The $20 million investment round led by Mike Novogratz's Galaxy Digital (GLXY) is accelerating Fence's radical transformation of the $6 trillion asset-backed finance market. The startup automates processes that asset managers still rely on manual workflows by using blockchain technology behind the scenes. This funding will support expansion into the US market and product development.

Automation of Blockchain-Based Credit Operations

Fence's software targets the operational layer of structured credit agreements, covering every stage from monitoring credit pools to collateral verification and managing cash flows. It replaces the traditional mess of emails, PDFs, and spreadsheets with a single real-time system. Smart contracts automate cash releases, APIs provide data flows; when needed, it tokenizes collateral or invoices to facilitate transfers and borrowing. This speeds up transactions, allowing investors to transparently track their assets.

BBVA Partnership and $1.5 Billion in Asset Management

As stated by Founder CEO Juan Montero, lenders can monitor credit performance in real-time without being tied to periodic reports. In agreements with BBVA, one of Spain's largest banks managing $800 billion in assets, funding costs decreased and operational burden reduced. Fence, working with investors like Parafi Capital, Crane Ventures, BlackRock, and Fortress, manages $1.5 billion in assets on its platform and can deploy new deals within weeks. Galaxy Digital's leadership shows that digital transformation is gaining momentum.

H Token Technical Analysis in the RWA Sector

This development is creating excitement in the asset-backed tokens (RWA) sector. Examining the related H detailed analysis, the price is up +7.04% at $0.18 while RSI 73.04 (Overbought) is showing. Trend is up, but Supertrend bear signal is flashing. EMA 20: $0.1316.

  • Supports: S1 $0.1647 (⭐ Strong, -9.47%), S2 $0.1521 (⭐ Strong, -16.40%)
  • Resistances: R1 $0.1852 (⭐ Very Strong, +1.80%), R2 $0.2146 (⭐ Strong, +17.96%)

Follow H futures is recommended; standardization in the sector will increase efficiency.

Market Analyst: Sarah Chen

Technical analysis and risk management specialist

This analysis is not investment advice. Do your own research.

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