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The financing for the RWA project Zoth has increased to 4 million US dollars, with investments from Taisu Ventures, XRPL Foundation and others

The financing for the RWA project Zoth has increased to 4 million US dollars, with investments from Taisu Ventures, XRPL Foundation and others

Bitget2024/08/06 10:28

On August 6, according to Chainwire, the RWA project Zoth completed a $1.5 million financing round, bringing its total funding to $4 million. The new funds will be used to launch $100 million worth of RWA-backed Tokenized Liquid Notes (ZTLN). This round of financing attracted well-known investors including Taisu Ventures, G20, Fat Cat Ventures, GemHead Capital, Foundership Ventures, DCI Capital, Absolute Digital VC, Gydra Capital and AstraX Capital. Zoth also received support from Coinbase and Hedera as well as Ripple's XRPL Foundation and numerous crypto angel investors.

As previously reported by Mars Finance on April 10th , Zoth completed a $2.5 million financing round led by Blockchain Founders Fund with participation from Borderless Capital,Mindativity Capital,YAP Capital,Momentum6,Singularity DAO,Aztlan Capital Outlier Ventures Decubate Wormhole Ecosystem Fund.

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