BlockBeats News, July 28th, E-commerce Operational Funding RWA platform Dow Protocol announced the completion of a $9 million Seed round financing, with participation from MH Ventures, OKX Ventures, Animoca Brands, Arcane Group, Essentia Partners, and Quartet Group.

Dow Protocol caters to merchants on top global e-commerce platforms, providing operational funding based on their sales receivables and real operational data. Its underlying asset servicing system is embedded in mainstream e-commerce platforms, allowing direct access to merchants' raw operational data for credit underwriting and risk control. At the same time, through collaboration with the platforms, repayments are directly deducted from the platform, bypassing the merchant's account, thereby controlling repayment risks from the source and establishing a leading industry receivables mechanism.

On the funding side, Dow Protocol leverages the instant settlement capability of stablecoins, compressing the lengthy lending process in traditional finance to same-day settlements at the fastest. For the cash flow-sensitive operational funding market, the speed of disbursement itself is a value proposition, and therefore, they are willing to pay a premium for this efficiency. Furthermore, Dow Protocol drives the on-chain native generation of new logic for operational funding, enabling funding terms to be executed in a highly granular programmable manner, restructuring the underlying operational logic of supply chain finance.

Dow Protocol is positioned as a universal cross-e-commerce PayFi RWA funding protocol, whose framework can be extended to various scenarios of supply chain finance needs in e-commerce, catering, payment, gaming, AI computing power, and other industries.