Goldman, BlackRock Alumni Raise $4M to Bring Farm and Apartment Loans Onchain

A new startup founded by former Goldman Sachs and BlackRock executives has raised $4 million in seed funding to tokenize real-world loans. Birch Hill, led by alumni of the two financial giants, secured the investment in a round led by Multicoin Capital, a prominent crypto venture firm. The company aims to create a regulated pathway for bringing U.S. loans—such as those for farms and apartment buildings—onto blockchain rails. By doing so, Birch Hill seeks to increase liquidity, transparency, and efficiency in traditionally illiquid private credit markets. The move signals growing institutional interest in merging traditional finance with decentralized technology, as legacy finance talent pivots to Web3. With regulatory compliance at the core of its mission, Birch Hill could set a precedent for how real-world assets are tokenized in the United States. As blockchain adoption accelerates, the success of such ventures may determine whether onchain lending becomes a mainstream financial tool or remains a niche experiment.