Tenka Closes Pre-Seed Round Led by Maven 11 for Asset-Backed Finance Platform

The signal here is less the cheque than the category: asset-backed finance keeps attracting specialist crypto venture money, and Maven 11 leading suggests conviction in infrastructure rather than applications. With Gami Capital and angels alongside, the bet is on market plumbing for real-world collateral, a segment where credible operators remain scarce. The undisclosed round size limits how much can be read into it, and pre-seed capital rarely buys much runway. Whether Tenka converts this backing into live infrastructure, and whether the asset-backed thesis keeps drawing comparable early-stage support, is the open question.