Zoth receives $2.5 million in seed funding led by Blockchain Founders Fund

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Cointime2024/04/10 10:15

By:Cointime

Zoth has raised $2.5 million in seed funding to provide sustainable yield supported by real world assets (RWA) and establish a multi-chain stablecoin-driven RWA ecosystem, bringing native sustainable yield to DeFi. Zoth is an ecosystem that connects TradFi and OnchainFi liquidity.

The seed funding round was led by Blockchain Founders Fund, with participation from Borderless Capital, Mindfulness Capital, YAP Capital, Momentum6, Singularity DAO, Aztlan Capital, Outlier Ventures, Decubate, Wormhole Ecosystem Fund, and prominent angel investors from top crypto-native companies such as Huma Finance and Circle. This funding round comes as the project prepares to publicly launch the ZOTH dollar token.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Coinomedia•2025/03/04 05:11