iZUMi Finance completed a $22 million financing through Solv V3, with participation from funds such as NextGen Digital Venture and Incuba Alpha

2023-04-21 15:24:36

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ChainCatcher message, a one-stop liquidity-as-a-service DeFi protocol [iZUMi Finance](https://www.rootdata.com/zh/Projects/detail/iZUMi Finance?k=MTMwMw==) announced the completion of a $22 million financing round. Regarding the fundraising method, iZUMi Finance issued the "iZUMi zk-Fund" fund series products (SFT, semi-homogeneous tokens) through its strategic partner Solv Protocol's latest paradigm protocol Solv V3, receiving support from funds and individual investors including Unicode Digital, NextGen Digital Venture, Bella Protocol, Incuba Alpha, among others, raising a total of $22 million in mainstream digital currency assets such as ETH, stETH, USDC, and USDT.

iZUMi Finance will use this round of financing to support the early liquidity of iZiSwap Pro on the zkSync Era network. iZiSwap Pro is iZUMi Finance's on-chain order book DEX product, utilizing iZUMi's innovative Discrete Liquidity AMM (DL-AMM) model, fully on-chain, achieving 100% decentralization. (Source link)

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