[Blockchain Private Credit Startup Valinor Completes $25 Million Seed Round Financing, Led by Castle Island Ventures] Deep Tide TechFlow reports, on March 30, according to Fortune, blockchain private credit startup Valinor, co-founded by former Blackstone employees, announced the completion of a $25 million seed round financing. The round was led by Castle Island Ventures, with participation from Susquehanna's crypto division, Maven11, and the founder of Bitcoin mining company-turned-AI firm TeraWulf. Valinor's core business focuses on bringing private credit processes on-chain. Traditional private credit institutions rely on manual verification and spreadsheet collaboration for operations such as revolving credit facilities. Valinor plans to replace these processes with smart contracts, enabling automated fund routing and conditional execution. The two co-founders have traditional finance backgrounds, having previously worked in banking and Blackstone's private credit division before transitioning to the crypto industry in 2022. Initially, Valinor is focused on providing loans to crypto companies, later integrating blockchain technology into the loan process to enhance efficiency. Currently, the company has successfully provided loans to several fintech and crypto firms using blockchain technology. The funds raised in this round will be used to expand loan volumes, grow the customer base, and increase team size. The company currently has six employees.