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Blockchain Mortgage Platform PADS Financial Completes Pre-seed Round of Financing of CAD 3 Million

PADS Financial, a blockchain-based online mortgage loan platform based in Montreal, Canada, announced the completion of a CAD 3 million pre-seed round of financing. PADS Financial has realized digital property mortgage loan services, and uses blockchain technology to track application and approval status, as well as loan fund management. It can also use tokenization to help users sell or liquidate home loans. It is reported that the new financing will be used to build AI and blockchain products.

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