Dow Protocol Secures $9M Seed Round for E-commerce RWA Financing

Dow Protocol raises $9M seed funding led by OKX Ventures and Animoca Brands to tokenize e-commerce receivables, offering same-day stablecoin settlements for merchants.

Woofun AI reports that Dow Protocol has completed a $9 million seed round, with participation from MH Ventures, OKX Ventures, Animoca Brands, Arcane Group, Essentia Partners, and Quartet Group. The platform provides operational funding to e-commerce merchants by tokenizing sales receivables, utilizing raw operational data embedded in mainstream platforms for credit underwriting. Repayments are automatically deducted at the source via platform collaboration, while stablecoin integration enables same-day settlement, significantly accelerating traditional lending processes. Dow Protocol aims to extend this PayFi framework across supply chain finance sectors including catering, gaming, and AI computing.