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Birch Hill Raises $4 Million to Put Farm and Apartment Loans Onchain
Birch Hill, founded by Goldman Sachs and BlackRock alumni, raised $4 million in a seed round led by Multicoin Capital to build a regulated path for bringing U.S. loans onchain. The startup operates in three divisions: Vaults, Strategies, and Enterprise. Its Vaults arm is an official curator on Morpho, an onchain lending protocol, where it assesses credit and sets risk parameters for vaults and markets. Its Strategies unit builds onchain credit products, including a strategy called Birch Hill Absolute Value. The firm plans to securitize pools of U.S. multifamily, agriculture, and energy loans designed to be held onchain within the U.S. regulatory framework. The round funds an eight-person team that includes three hires from vaults.