Dow Protocol Secures $10.5 Million Seed Funding to Expand Blockchain E‑Commerce Financing

Dow Protocol announced a $10.5 million seed funding round backed by crypto‑focused investors including MH Ventures, Mapleblock, Animoca Brands, Arcane Group, HSKChain, Essentia Partners and Quartet Group. The capital will be used to scale its blockchain‑based financing platform that provides working‑capital advances to e‑commerce merchants against pending receivables through a PayFi real‑world asset (RWA) model.

The protocol automates loan repayments by integrating directly with e‑commerce platforms, allowing merchants to receive funds within seconds instead of the typical 14‑28‑day payout cycle. By leveraging on‑chain credit‑risk data, Dow Protocol aims to shorten settlement times to same‑day or faster, offering an alternative to traditional factoring and bridge‑loan solutions. The company did not disclose its valuation or specific allocation of the new funds.