ChainThink reports that on August 7, according to official announcements, Dow Protocol, an RWA platform providing working capital for e-commerce operations, has completed a $10.5 million Seed round led by MH Ventures and Mapleblock Capital, with participation from Animoca Brands, Arcane Group, Hashkey Chain, Essentia Partners, and Quartet Group.
Dow Protocol provides working capital financing to leading global e-commerce merchants based on sales receivables and verifiable operational data.
Its underlying asset service provider system is integrated into major e-commerce platforms, enabling access to merchants' original operational data for credit assessment and risk control, while directly deducting repayments through the platform to reduce repayment risk.
On the funding side, Dow Protocol leverages the instant settlement capability of stablecoins to compress traditional loan disbursement processes to as fast as same-day funding.
This protocol is positioned as a universal e-commerce PayFi RWA financing agreement, with a framework scalable to supply chain financing scenarios in e-commerce, food and beverage, payments, gaming, AI computing, and more.