Cointime

Cointime

Download App
iOS & Android
Home / Financing

Zunami Protocol, a decentralized stablecoin income protocol, completed angel round financing, with Cream Finance and others participating in the investment

Decentralized stablecoin yield protocol Zunami Protocol has announced the completion of its angel round financing. Cream Finance, Curve founder Michael Egorov, C2tp (Convex), Hubert and other Stake DAO contributors, Mr.Block (Curve), Paul (Concentrator), Winthorpe (Convex), and cp0x (Yearn multisig signer) participated in the funding, and the specific amount of funding has not been disclosed yet. The new funds will be used to develop Zunami V2 and undergo a comprehensive audit by a leading and reputable audit company. The project also announced that Zunami V2 is expected to be released in November 2023.

DeFi
Comments

All Comments

Recommended for you

  • Bitcoin mining company Argo Blockchain raises £4.2 million via share subscription

    According to a report, Bitcoin mining company Argo Blockchain announced that it has raised £4.2 million through stock subscription. After this transaction, Argo's total issued shares have exceeded 717 million shares. It is reported that an unidentified institutional investor participated in this stock subscription. The new funds will help Argo relocate its Bitcoin mining facilities to Texas.

  • Public, an investment platform supporting crypto trading, completes $135 million in Series D-2 financing

    investment platform Public has raised $135 million in Series D financing through equity and debt financing, including $105 million in equity financing and $30 million in debt financing. Accel is the main investor. The platform has raised more than $300 million in total financing to date. Public announced the launch of cryptocurrency trading services in 2021, entering the digital currency battlefield and competing with Robinhood Markets and others. Previously, individual investors using the platform could only trade stocks listed in the United States and exchange-traded funds. Its target customers are young digital natives, and new funds will be used to improve its artificial intelligence capabilities.

  • Swish Ventures, owned by former NBA star Casspi, completes $60 million in funding

    former NBA star Omri Casspi has raised $60 million for his latest venture capital fund, Swish Ventures. Investors include Sequoia Capital, Ophir Ehrlich, founder of EON; Amiram Shachar, founder of Upwind; and Gal Ben-David and Alon Arvatz, co-founders of PointFive. The fund will reportedly invest in early-stage cybersecurity, cloud infrastructure, and artificial intelligence startups, including cybersecurity startups in the fintech and Web3 sectors, and plans to support 10 companies with each investment ranging from $5 million to $7 million.

  • Ethena Foundation awards multi-million dollar grant to Derive

    Derive (formerly known as Lyra), an options agreement protocol, announced a partnership with Ethena and officially joined the Ethena Network. As part of the partnership, the Ethena Foundation provided Derive with millions of dollars in grants, and sENA token holders will be eligible to receive 5% of the DRV token supply from Derive DAO.

  • Stablecoin issuance protocol usdx.money completes $45 million in financing

    On November 29th, stablecoin issuance protocol usdx.money completed a $45 million financing round, bringing the project's valuation to $275 million. NGC, BAI Capital, Generative Ventures, UOB Venture Management, and others participated in the funding, with some investors contributing through warrants. Existing supporters of the project include Dragonfly Capital and Jeneration Capital.

  • Japanese fintech startup Habitto completes $11.7 million Series A funding

    Japanese fintech startup Habitto announced on Wednesday that it raised $11.7 million in Series A funding led by QED Investors and DG Daiwa Ventures, with participation from Anthemis Group and Scrum Ventures. Existing supporters include Saison Capital, GMO VenturePartners, Cherubic Ventures, and Epic Angels. The funds raised are intended to support Habitto's expansion of its digital banking platform.

  • Blockchain payment company Partior completes $80 million Series B financing, with Deutsche Bank participating

    blockchain payment company Partior has completed an $80 million Series B financing round, with Deutsche Bank joining as a new investor. Previously in July 2024, Partior announced it had completed a $60 million financing round with investors including Peak XV Partners, JPMorgan, Jump Trading Group, Standard Chartered Bank, Temasek, and Valor Capital Group.

  • Talus Network Completes $6 Million Strategic Round of Financing with a Valuation of $150 Million

    decentralized AI protocol Talus Network raised $6 million in a strategic financing round led by Polychain Capital, valuing the company at $150 million. This funding will help further develop the Talus ecosystem, including the Protochain, Nexus framework, and "AI dating experience" application.

  • Schuman Financial Completes $7.36 Million Seed Round, Led by RockawayX

    Schuman Financial has completed a $7.36 million seed round of financing, led by RockawayX, with participation from Lightspeed Faction, Kraken Ventures, Nexo Ventures, Gnosis VC, Delta Blockchain Fund and Bankless Ventures. In addition, Schuman Financial has launched a euro stablecoin, EURØP, which complies with the MiCA standard.

  • DeFi TVL exceeds $95 billion again

    According to defillama data, as of May 18, 2024, the total value locked (TVL) in DeFi has once again surpassed $95 billion. It is currently reported at $95.069 billion, an increase of nearly $12 billion from the low point of $83.04 billion 35 days ago. Among the top five protocols in terms of TVL, Eigenlayer has the highest 30-day increase, with TVL rising by 19.67% to a total of $15.455 billion.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company