News Formal

DeFi Protocol iZUMi Finance Raises $22M

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Liquidity-as-a-service provider izumi_Finance has raised $22 million to further its iZiSwap Pro product. BrandyBetz reports

that the company says reduces transaction costs and mitigates the custody risks of similar products on the market.

The fundraise was more complicated than a typical “cash in, equity out” arrangement. The company issued an iZUMi zk-Fund through strategic partner Solv Protocol that is a semi-fungible token . Investors who purchase the fund receive an SFT in their wallet to represent their share, making them a limited partner of the fund. Upon maturity, investors can redeem the SFT for their principal.

Investors in the round included Unicode Digital, NextGen Digital Venture, Bella Protocol and Incuba Alpha, among others.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 291. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

DeFi Protocol Thetanuts Finance Raises $17M for Expansion, New PartnershipsCrypto structured products firm ThetanutsFi has raised $17 million in a funding round co-led by polychaincap, HyperchainC and Magnus_fund. By BrandyBetz.
Sumber: CoinDesk - 🏆 291. / 63 Baca lebih lajut »

Scam Alert: Ordinals Finance (OFI) Rugpulls Its Users, Price Falls 95%DeFi project Ordinals Finance has lost at least $1 million to rugpull
Sumber: Utoday_en - 🏆 295. / 63 Baca lebih lajut »