DeFi Protocol iZUMi Finance Raises $22M

by Jeremy

The fundraising spherical was extra difficult than a typical “money in, fairness out” association. The corporate issued an iZUMi zk-Fund via strategic accomplice Solv Protocol that may be a semi-fungible token, or SFT. Buyers who buy the fund obtain an SFT of their pockets to symbolize their share, making them a restricted accomplice of the fund. Upon maturity, traders can redeem the SFT for his or her principal.

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