iZUMi Finance Raises $22 Million Through Solv Protocol’s DeFi Agreement

According to reports, iZUMi Finance has announced the completion of a $22 million fundraising under the one-stop liquidity as a service DeFi agreement. Regarding the fundraising method, iZUMi Finance has issued the “iZUMi zk Fund” fund series products (SFT, semi homogeneous token) through its strategic partner Solv Protocol’s latest paradigm agreement Solv V3, and has received funding from Unicode Digital Ltd., NextGen Digital Venture, Bella Protocol With the support of Incuba Alpha and other funds and individual investors, a total of $22 million worth of mainstream digital currency assets such as ETH, STETH, USDC, and USDT were raised.

IZUMi Finance completed a $22 million financing

iZUMi Finance, a leading decentralized finance (DeFi) platform, recently announced that it has raised $22 million in its funding round through the one-stop liquidity-as-a-service DeFi agreement. The fundraising was carried out by issuing “iZUMi zk Fund” fund series products (SFT) through its strategic partner Solv Protocol’s latest paradigm agreement Solv V3.

What is iZUMi Finance?

iZUMi Finance is a DeFi platform designed to improve microlending and microfinance operations worldwide. The platform aims to provide affordable, transparent, and secure financial services to the unbanked and underbanked populations.

One-Stop Liquidity-as-a-Service DeFi Agreement

The one-stop liquidity-as-a-service DeFi agreement is a new solution that offers a simple and easy-to-use framework for accessing liquidity pools. The platform’s automated market-making algorithms ensure that users can trade their assets without worrying about the price and liquidity.

Solv Protocol’s Latest Paradigm Agreement Solv V3

Solv Protocol’s latest paradigm agreement Solv V3 is a decentralized liquidity-as-a-service solution. It offers a unique framework for building DeFi applications, enabling them to provide seamless liquidity, efficient market-making, and robust governance features.

Fundraising Details

The fundraising method used by iZUMi Finance involved issuing the “iZUMi zk Fund” fund series products (SFT) through Solv Protocol’s Solv V3 agreement. The funds were raised from a group of investors, including Unicode Digital Ltd., NextGen Digital Venture, Bella Protocol, Incuba Alpha, and individual investors.
The fundraising resulted in a total of $22 million worth of mainstream digital currency assets such as ETH, STETH, USDC, and USDT being raised.

Benefits of the Fundraising

The fundraising by iZUMi Finance will go a long way in helping the platform achieve its goal of providing affordable and transparent financial services to underserved and unbanked populations worldwide. With the funds raised, iZUMi Finance will be able to enhance its platform and improve the efficiency and accessibility of its financial services.

Conclusion

In conclusion, iZUMi Finance’s $22 million fundraising through Solv Protocol’s DeFi agreement is a significant step towards providing affordable and transparent financial services to underserved and unbanked populations. The fundraising will enable iZUMi Finance to strengthen its platform and provide seamless liquidity to its users.

FAQs

1. What is iZUMi Finance?
iZUMi Finance is a decentralized finance (DeFi) platform designed to improve microlending and microfinance operations worldwide.
2. What is the one-stop liquidity-as-a-service DeFi agreement?
The one-stop liquidity-as-a-service DeFi agreement is a new solution that offers a simple and easy-to-use framework for accessing liquidity pools.
3. Who were the investors in iZUMi Finance’s recent fundraising?
The investors in iZUMi Finance’s recent fundraising included Unicode Digital Ltd., NextGen Digital Venture, Bella Protocol, Incuba Alpha, and individual investors.