Singapore-based stablecoin and yield company, Zoth, raises $2.5m in funding for multichain stablecoin-powered #RWA ecosystem.
Singapore-based stablecoin and yield company Zoth has raised $2.5m in funding led by Blockchain Founders Fund, with participation from several other investors. The company plans to use the funds to build a multichain stablecoin-powered #RWA ecosystem ahead of its upcoming public offering. Zoth aims to connect liquidity across Traditional Finance and Onchain Finance to accelerate the flow of trillions into sustainable RWAs, including Cross Border Trade Finance, Sovereign Government Bonds, and Corporate Credit. The company's inaugural offering, ZOTH-FI, is an Institutional Grade Fixed Income Marketplace that enables investor access to top-tier Fixed Income assets through Stable coins.
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
Raydium Token Plunges As Pump.fun Eyes Competing AMM Feature On Solana

EU Adds Russian Crypto Exchange Garantex To Its Sanctions List

JUST IN! Strategy (MicroStrategy) Purchased New Bitcoin! Here's the Amount of BTC in Hand!
MicroStrategy announced that it purchased 20,356 Bitcoin (BTC) at an average price of $97,514.
Bad News for Bitcoin (BTC) from the US! Plans Shelved!
The Montana House of Representatives has rejected a bill that would establish a Bitcoin reserve.
Trending news
MoreCrypto prices
More








