Twyne has completed a seed funding round co-led by Cyber Fund and Ethereal Ventures as it develops a Credit Delegation Layer for crypto lending markets. The project aims to link parties with unused credit to those that need borrowing capacity, addressing what it describes as a mismatch in which credit remains trapped with collateral depositors while demand for credit persists elsewhere in the market. Twyne said the new layer is designed to improve the circulation and allocation of credit through credit delegation.