Citing MarsBit, DeFi protocol Zoo Finance has announced the completion of an $8 million strategic funding round led by Bitrise Capital, with participation from Signum Capital, Certik Ventures, TOP, CGV Funds, and Cryptomeria. The protocol's core product is its LVT (Liquidity Vault Token) & LNT (Liquidity Node Token) protocol, which splits staked tokens into VT (Vault Token) and YT (Yield Token) to convert locked tokens into tradable digital assets. This round brings Zoo Finance's total funding to $10 million, with prior investors including CMS Holdings, Big Brain Holdings, and others.
DeFi Protocol Zoo Finance Completes $8M Strategic Funding Round Led by Bitrise Capital
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