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§ Private Profile · New York City, NY, USA
NFT financialization platform on Solana, enabling fractionalization and lending for art, gaming, and real-world assets.
Bridgesplit is a New York City-based decentralized finance protocol built on the Solana blockchain that provides advanced financialization tools for non-fungible tokens. The platform enables capital efficiency in the broader digital asset ecosystem by offering fractionalization, index funds, derivatives, and collateralized lending markets for art, gaming, and real-world assets. Operating with a core team of one to ten employees, the enterprise has successfully raised $4.5 million in seed funding to develop its underlying infrastructure. This financial backing was secured from prominent venture capital firms and strategic industry investors, including CoinFund, Jump Capital, Solana Labs, and Coinbase Ventures. The organization has recently rebranded its operations under the name Loopscale as it continues bridging the gap between digital collectibles and traditional decentralized finance mechanisms. Bridgesplit was originally founded in 2021 by entrepreneurs Mary Gooneratne and Luke Truitt.
Bridgesplit has raised $5.0M across 1 funding round.
Bridgesplit has raised $5.0M in total across 1 funding round.
Bridgesplit is a technology company that builds an NFT financialization platform on the Solana blockchain, enabling capital efficiency and liquidity in the NFT ecosystem. Its core product suite includes NFT fractionalization, pooling, index funds, financial derivatives, and NFT-collateralized lending markets, serving NFT holders and DeFi participants by unlocking productive yield opportunities and improving asset liquidity[1][5].
Founded in 2021, Bridgesplit emerged from the need to solve low liquidity and inefficient capital allocation in NFTs as their use cases expanded beyond collectibles. The company quickly gained traction with its NFT fractionalization product on Solana mainnet, bridging Ethereum NFTs and attracting high-value assets. It raised $4.5 million in a seed round led by CoinFund and Jump Capital, with participation from Solana Labs, Coinbase Ventures, and notable angel investors, fueling further product development and ecosystem integration[1][3].
Bridgesplit rides the growing trend of NFT financialization, where NFTs evolve from static collectibles to dynamic financial assets. The timing is critical as DeFi matures and demand for NFT liquidity and yield products increases. Market forces such as rising NFT adoption, multi-chain ecosystems, and institutional interest in digital assets favor Bridgesplit’s infrastructure. By enabling NFT holders to unlock capital and participate in DeFi markets, Bridgesplit influences the broader ecosystem by expanding NFT utility and fostering new financial innovation[1][2].
Looking ahead, Bridgesplit is poised to deepen its product offerings and expand across Ethereum Layer 2s and other blockchains, enhancing interoperability and liquidity. Trends like NFT adoption in gaming, metaverse, and digital art will shape its growth trajectory. As NFT financialization becomes mainstream, Bridgesplit’s infrastructure could become foundational for NFT-based lending, derivatives, and investment products, further integrating NFTs into the global financial system[1][3].
In summary, Bridgesplit is a pioneering NFT financialization platform that addresses critical liquidity and capital efficiency challenges, positioning itself at the forefront of the evolving NFT and DeFi convergence.
Bridgesplit has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Seed in September 2021.
Bridgesplit has raised $5.0M in total across 1 funding round.
Bridgesplit's investors include CoinFund, Saurabh Sharma, 9Yards Capital, AirAngels, Album VC, Altair Capital Management, Andreessen Horowitz, Archetype, Audacity, Avalon Ventures, Awesome People Ventures, Battery Ventures.