PANews reported on December 23 that according to official news, Kettle, an on-chain luxury watch trading market, announced the completion of a $4 million financing led by ParaFi Capital, with strategic investors including Zee Prime Capital, Kronos, Signum Capital, IOSG Ventures, and Puzzle Ventures. The funds will be used to build the RWA platform.
Kettle is a peer-to-peer marketplace where users can trade luxury watches based on their full financial value. Kettle says the watches on its platform are certified for insurance and stored in the Kettle Vault in New York.