PANews reported on December 8th that Asgard Finance has completed a $2.2 million seed funding round, led by Robot Ventures, with participation from Solana Ventures, Colosseum, Primal, Presto, mtnDAO, and Dead King Society. Asgard's flagship product is Credit Backed Positions (CBP), a novel DeFi structured position tool. Early beta users have already created over $35 million in CBP positions. The project is built on the Solana blockchain and aims to achieve efficient, composable structured trading on-chain.