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Founded in 2021, MoHash is a DeFi protocol that uses crypto assets to provide access to capital and liquidity for private debt in fast-growing economies.
“MoHash is bringing real world assets to DeFi users globally and providing sustainable, uncorrelated, and hard to access yields on-chain for the first time," said Shailesh Lakhani of Sequoia India.
"We think that this is exactly the type of product DeFi needs - one that leverages the strengths of blockchains and helps solve a real-world problem." The raise comes as fellow players in the crypto lending space face increased pressures on their ability to sustain operations.
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