PANews reported on June 4 that according to The Block, crypto venture capital firm Paradigm led a $5.2 million seed round for crypto credit startup 3Jane, and the company also ended its stealth operations. 3Jane plans to build the first credit-based money market protocol, focusing on introducing unsecured credit into the digital asset space.

The 3Jane protocol is described as a "peer-to-pool credit currency market" that provides unsecured USDC credit services in real time through algorithms for yield liquidity providers, traders, enterprises, and AI agents. On the technical level, 3Jane uses zkTLS technology to extract off-chain credit data in a private manner. The project plans to launch the mainnet in the third quarter of 2025, focusing on the US market in the early stages.