Liquid Mortgage Raises Seed Round Funding to Further Develop Its Blockchain Technology for the Future of the Mortgage Industry
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DENVER, April 19, 2021 /PRNewswire/ -- Liquid Mortgage announced today it has raised capital from and entered into a strategic partnership with Redwood Trust (NYSE: RWT). The capital raise and partnership are the culmination of a months-long engagement, in which Redwood Trust tested Liquid Mortgage's technology and developed an actionable strategy to build a future-ready mortgage ecosystem. The partners share a common mission of utilizing blockchain technology within the current market infrastructure, rather than reinventing the mortgage ecosystem overnight.