Web3 Bond Protocol Xitadel Completes New Funding Round with Participation from Solana Co-founder Anatoly Yakovenko and Others

According to ChainCatcher, Web3 bond protocol Xitadel has announced the completion of a new round of financing, with the specific amount undisclosed. Investors in this round include Solana Labs co-founder Anatoly Yakovenko, BONK core contributor Nom None, and Jupiter advisor Kash Dhanda, among others.

Xitadel stated that it will launch Liquidity Treasury Tokens (LTT), a type of over-collateralized, fixed-term, fixed-yield financial instrument, backed by project governance tokens and supporting on-chain trading.