Bankr said it has completed the first investment made through Bankr Fund, backing the on-chain tax lien marketplace protocol LienFi, without disclosing the investment amount.
According to Foresight News, Bankr said the investment was made in the form of liquidity tokens with a one-year lock-up period.
LienFi is an on-chain tax lien marketplace linked to real estate and deployed on the Base network. A tax lien is a legal claim by a government against a property due to unpaid taxes. LienFi aims to bring this traditional financial asset onto a blockchain and enable market-based trading on-chain.