Predicate, a NYC-based startup, has onboarded to the Fern platform. Predicate was founded in 2023 with the mission of creating a network that simplifies transaction prerequisites, allowing users and communities to define rules for onchain interactions in a seamless, novel way. Predicate recently raised a $7m dollar seed round, and partners with leaders in the web3 space, including EigenLayer, Plume, Celo, and Caldera.

Upon completing the raise for their seed round, Predicate needed a secure, fast, and compliant way to receive stablecoin investments from their participating investors based abroad.

Nikhil Raghuveera, CEO at Predicate, found Fern after a recommendation from one of their investors. 

“Fern was an obvious choice for us to onboard as a new startup. We were able to set up our accounts in less than two days, a far cry from the weeks and months it takes to onboard to other platforms. Additionally, we were receiving angel investments from around the world, and needed a compliant way to do so. Using Fern so far has been a seamless experience, and we’re looking forward to using upcoming features like Fern’s yield-bearing treasury.”

Predicate’s use case is at the heart of Fern’s capabilities: an onchain account supporting many types of transactions across fiat currencies and cryptocurrencies.

Fern is thrilled to support innovative builders like Predicate. Follow Fern on X and LinkedIn to stay up to date with a number of new features we’re launching in Q1 2025.