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Birch Hill, founded by former Goldman Sachs and BlackRock employees, completes a $4 million seed round

Birch Hill, founded by former Goldman Sachs and BlackRock employees, has completed a $4 million seed round led by Multicoin Capital, with participation from ParaFi Capital, Castle Island Ventures and Nascent, bringing cumulative financing to $6.5 million.

The company currently manages vaults on Morpho and has applied to the U.S. Financial Industry Regulatory Authority (FINRA) for broker-dealer status. It plans to sell private credit products to qualified investors, and its long-term plan is to securitize and bring onchain pools of U.S. multifamily residential, agricultural and energy loans.

Original sources:

  1. Title: Goldman, BlackRock Alumni Raise $4 Million to Put Farm and Apartment Loans Onchain Publisher: Decrypt Publication date: 2026-10-28 URL: https://decrypt.co/382007/goldman-blackrock-alumni-raise-4-million-loans-onchain Source type: media report Verification status: read this time, accessed on 2026-10-28 Supporting content: $4 million seed round, Multicoin-led, participating investors, cumulative $6.5 million, Morpho vaults, FINRA application, securitization plan

  2. Title: Birch Hill Raises $4 Million Seed Round Led by Multicoin Capital to Bring U.S. Credit Onchain Publisher: Business Wire Publication date: 2026-10-28 URL: https://www.businesswire.com/news/home/20261028277814/en/Birch-Hill-Raises-%244-Million-Seed-Round-Led-by-Multicoin-Capital-to-Bring-U.S.-Credit-Onchain Source type: company press release Verification status: read this time, accessed on 2026-10-28 Supporting content: confirmed amount, investors, business segment, FINRA application, long-term securitization goal

  3. Title: Rebundling Credit Publisher: Multicoin Capital Publication date: 2026-10-28 URL: https://multicoin.capital/2026/10/28/rebundling-credit/ Source type: lead investor announcement Verification status: read this time, accessed on 2026-10-28 Supporting content: confirms the lead investment and investment rationale

ABAB AI Insight

Birch Hill was founded by former Goldman Sachs and BlackRock employees and focuses on bringing U.S. private credit products onchain. The company acts as a vault curator on Morpho, responsible for credit assessment and risk parameter setting, and has applied for FINRA broker-dealer status in order to place private credit with qualified investors.

The seed round was led by Multicoin Capital, with ParaFi Capital, Castle Island Ventures and Nascent participating, bringing cumulative financing to $6.5 million. It had previously completed a $2.5 million pre-seed round.

The long-term plan is to securitize pools of multifamily residential, agricultural and energy loans and then bring them onchain; the related products and securitization are still at the planning stage. The company said it has met with the SEC crypto task force to discuss the regulatory path.

ABAB News · Cognitive Law

  1. The $4 million seed round brings cumulative financing to $6.5 million.

  2. It has applied for FINRA broker-dealer status to sell private credit.

  3. The long-term goal is to securitize and bring onchain specific loan pools in the U.S.