Pivit, an online and mobile gaming application founded by the creators of political betting site Intrade, has raised $5 million in its most recent funding round. What makes the deal stand out, however, is not how much the firm raised, but how it completed the deal.

Pivit issued a minority portion of the convertible notes using software from Digital Asset Holdings, a blockchain start-up led by former JP Morgan Chase executive Blythe Masters. It marked the first transaction facilitated by the firm, which hired Masters as chief executive earlier this year. She was previously global head of commodities at JP Morgan.