Chronicle Secures $12 Million in Seed Funding for Expansion

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Chronicle, a blockchain data provider for tokenized assets, raised $12 million in a seed funding round led by Strobe Ventures. Other investors include:

  • Galaxy Vision Hill
  • Brevan Howard Digital
  • Tioga Capital
  • Fenbushi Capital
  • Rune Christensen
  • Andre Cronje
  • Stani Kulechov
  • Mark Phillips
  • Sam MacPherson

Chronicle operates as an oracle network, providing real-time data verification for tokenized financial products. Key facts include:

  • Processed over $20 billion in total value secured since 2017
  • Launched "Verified Asset Oracle" to validate off-chain assets
  • Supports issuers like Centrifuge and Superstate

Demand for real-world asset (RWA) tokenization is increasing among global banks and asset managers. Projections suggest tokenized assets could reach a multitrillion-dollar market by 2030.

Chronicle plans to use the new funds for product development, expanding partnerships, and enhancing compliance measures, reinforcing its role in bridging traditional finance with digital assets.