DeFi infrastructure company Zoth announces it has expanded its strategic funding round to $4 million

DeFi infrastructure company Zoth announced that it has increased its strategic financing amount to $4 million. Investors in this round of financing include aisu Ventures, G20, Fat Cat Ventures, GemHead Capital, Foundership Ventures, DCI Capital, Absolute Digital VC, Gydra Capital, and AstraX Capital. Zoth has also received support from companies and crypto angel investors such as Coinbase and Hedera, as well as funding from Ripple's XRPL Foundation. The press release stated that Zoth has deployed $13 million in private credit, with over $100 million already issued and another $200 million in preparation. The Zoth Tokenized Liquid Note (ZTLN) has a scale of $100 million and is invested in short-term high-quality tools. It provides transparency through weekly net asset value updates, detailed disclosures, and real-time reserve proof on Chainlink.Zoth is a DeFi infrastructure company that introduces licensed RWA and unlicensed DeFi financial products to the chain. The first product, Zoth-Fixed Income (Zoth-Fi), is an institution-level platform unrelated to the blockchain, providing channels for institutions and qualified investors to obtain financial assets through stablecoins. Zoth aims to expand its range of financial products, including tokenized liquid notes and green finance, as well as unlicensed DeFi products.In April, Zoth completed a $2.5 million financing round led by Blockchain Founders Fund.