ChainCatcher news, the CeDeFi yield platform BitFi has announced the launch of its seed round financing, with a valuation of 50 million USD. Confirmed investors include Fundamental Labs, IBC Group Ventures, CGV FoF, TyreGate Capital Group, and Citizen Journalism Network Accelerator (CJNA).According to the Web3 asset data platform RootData, BitFi combines the advantages of centralized and decentralized financial solutions to maximize yields for users across various assets (such as BTC). By leveraging multi-chain adaptability and complex off-chain trading strategies, BitFi offers guaranteed staking yields and multi-layer yield generation.

ChainCatcher news, on-chain credit and yield platform Idle has completed a $1.1 million strategic financing round, led by RockawayX, with participation from Fasanara Digital. This round of financing brings Idle's total funding to $2.4 million. The company plans to use these funds to further develop on-chain credit infrastructure and more.Idle is a decentralized autonomous organization (DAO) that provides yield automation and hedging tools for the decentralized finance (DeFi) market. The platform has accumulated $300 million in liquidity, with a trading volume exceeding $2 billion.

ChainCatcher news, according to The Block, the DeFi yield platform Coinchange has completed a $10 million financing round, led by G1.VC, Spirit Blockchain, Good News Ventures, K2.CA, and Atoia Ventures, with participation from Mintfox and others.It is reported that Coinchange allows its business users to trade and earn digital asset yields as a service through its Earn API. The Earn API is a risk management platform that supports Bitcoin, Ethereum, and all major stablecoins, providing stable returns.

ChainCatcher news, according to Yahoo Finance, the cryptocurrency yield staking platform MoodMiner announced the completion of a $400,000 seed round financing, with participation from entities such as CoinList, Circle, and Polygon, as well as some angel investors.It is reported that the event was hosted by Hashed, co-organized by Pantera Capital and ZhenFund. MoodMiner supports over 100 digital assets in ecosystems such as Polkadot, Cardano, and Elrond, allowing users to stake digital assets worth a minimum of 1 euro and earn passive income. (source link)

ChainCatcher news, DeFi yield platform Texture has completed a $5 million financing round, led by P2P Capital and Sino Global. Participants include Wintermute, Semantic Ventures, and Jane Street Capital, with the financing completed using the stablecoin USDC.It is reported that Texture is a DeFi platform running on the Solana blockchain. Texture has entered the private beta phase, aiming for a full launch by the end of the year. (The Block)

Chain Catcher news, the DeFi yield platform Compound Treasury has launched lending services for institutions. Certified institutions can choose to use Bitcoin, Ethereum, and supported ERC-20 assets as collateral to obtain loans from Compound Treasury at a 6% APR (fixed rate). There is no limit on the loan term, and as long as the client maintains over-collateralization, they can flexibly borrow and repay. Liquidity is provided by Compound Treasury clients and the Compound Protocol, which has assets exceeding $3 billion. (Source link)