According to The Block, the DeFi mortgage lending agreement PWN completed a $2 million financing at a valuation of $42 million. Investors include Digital Finance Group, IQTEC, StarkWare, Nethermind, Safe Ecosystem Foundation, Dilectic, Next Web Capital, Patricio Worthalter, Christoph Jentzsch , Danny Ryan, Tim Beiko, Alex Van de Sande, Lefteris Karapetsas, Luis Cuende, Anthony Sassano and Eric Conner. PWN plans to use these funds to build a DAO to help its community control decentralized mortgage financing, and deploy EVM, improve collateral value evaluation, customize the lending process, and other functions. PWN is a peer-to-peer platform that allows loans to be backed using digital assets such as cryptocurrencies and NFTs as collateral.