Zoth receives $2.5 million in seed funding led by Blockchain Founders Fund
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.
You may also like
Crypto Project Liquidates $9.5 Million in ETH Amid Ongoing Sales
Metaplanet Boosts Bitcoin Holdings with $6.7 Million Purchase
$147 million exits global crypto funds, ending three-week inflow streak: CoinShares
Digital asset investment products witnessed $147 million worth of net outflows globally last week, according to CoinShares.The outflows end a three-week run of positive flows, and higher-than-expected economic data is likely the culprit, Head of Research James Butterfill said.
Bitcoin miners show mixed performance in September amid market volatility
Trending news
MoreCrypto prices
More
