3Jane secures $100M forward-flow deal with Settle to expand onchain asset-backed securities lending.
DeFi & Yields ·
3Jane and Settle have agreed on a $100 million forward-flow arrangement, with initial capacity of $50 million available for expansion, to finance consumer and ecommerce brand loans on blockchain infrastructure. Under the structure, 3Jane purchases loans from Settle's $240 million warehouse facility after origination, freeing capital for further lending; USD3 holds the senior position while sUSD3 bears first losses. Settle has already originated more than $4 billion across thousands of brands, with 3Jane having purchased $18 million of existing loans and committing to buy new eligible loans going forward.