Crypto startup 3Jane just secured a $5.2 million seed round led by venture firm Paradigm. The funding marks the startup’s public debut after months of stealth development.
Its mission: build the first unsecured credit system tailored for digital assets.
While many crypto lenders rely on overcollateralization, 3Jane flips the model. The company wants to deliver real-time USDC credit lines without requiring upfront collateral. Yield farmers, AI agents, traders, and crypto-native businesses are all potential users.
Algorithmic Credit for Web3
The 3Jane protocol operates as a peer-to-pool credit market. It uses smart contracts to automate unsecured lending. Credit lines are generated algorithmically and settle instantly. Users borrow in USDC based on algorithmic evaluations, not traditional paperwork.
Founder Jacob Chudnovsky believes his team has solved a long-standing pain point. Past crypto credit models collapsed due to weak underwriting and limited legal tools. “Most loans today rely on offchain systems—mortgages, car loans, credit cards,” he said. “That doesn’t work for crypto.”
Blending Onchain Signals With Real-World Proofs
3Jane uses a new method to assess borrower risk. Instead of offchain credit reports alone, it integrates DeFi activity, CEX holdings, bank balances, cash flow, and more. Every data point contributes to what the company calls “verifiable financial proofs.”
With these tools, 3Jane aims to bridge the gap between traditional credit scoring and onchain identity. By merging both worlds, the startup hopes to fuel a new wave of unsecured lending in Web3.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/paradigm-backs-3janes-bold-move-into-crypto-credit/