Cork secures 5.5 million USD in seed funding with support from a16z and CSX

Cork successfully raised 5.5 million USD in seed funding, co-led by Andreessen Horowitz (a16z) and CSX, with participation from various investors including Road Capital and additional venture firms.

The startup plans to develop a programmable risk layer for tokenizing assets, enhancing liquidity, risk transparency, and confidence in the market, with the launch of production-grade risk markets anticipated soon.

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