Startup Fence uses blockchain technology and tokenization in the background to automate processes that many asset managers still rely on manual workflows. Fintech firm Fence raised $20 million in a funding round led by Galaxy Digital to modernize the largely manual $6 trillion asset-backed finance market. The startup uses blockchain, smart contracts and tokenization behind the scenes to automate loan tracking, reporting and payments, but it doesn't want to be seen as a "blockchain company,…
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