According to Coincu, Kyo Finance, part of the Soneium ecosystem, has completed a $5 million Series A funding round, raising its valuation to $100 million. The funding aims to streamline DeFi access by establishing a unified liquidity layer and addressing liquidity fragmentation in decentralized finance. The round was led by Castrum Istanbul and supported by Startale Ventures, with institutional investors like TBV also participating. The initiative is expected to enhance investor participation and improve DeFi market interactions.
Kyo Finance Completes $5M Series A Funding, Valuation Hits $100M
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