Decentralized cross-asset market Mesh.trade raises $1.64 million in funding.

Golden Finance reported that the decentralized cross-asset market Mesh.trade recently raised $1.64 million (30 million South African Rand) for South African mortgage provider Water Financial. The financing involved the issuance of 30,000 shares of Series A preferred stock, paying interest equivalent to an interest rate of 87% on the main loan. Mesh.trade plans to issue more alternative and private capital assets to investors in the coming months.