[Birch Hill Raises $4 Million Seed Funding to Bring US Real Estate and Energy Loans On-Chain] Odaily reports that New York-based startup Birch Hill has raised $4 million in seed funding, led by Multicoin Capital, with participation from ParaFi Capital, Castle Island Ventures, and Nascent. This brings the company's total funding to $6.5 million. Birch Hill currently serves as the treasury manager for the on-chain lending protocol Morpho, responsible for assessing credit risk and setting relevant risk parameters. It has also applied for broker-dealer status with the Financial Industry Regulatory Authority (FINRA) to sell private credit products to accredited investors, with plans to securitize and bring US multi-family residential, agricultural, and energy loans onto the blockchain. (Decrypt)