Singapore-based stablecoin and yield company, Zoth, raises $2.5m in funding for multichain stablecoin-powered #RWA ecosystem.
Singapore-based stablecoin and yield company Zoth has raised $2.5m in funding led by Blockchain Founders Fund, with participation from several other investors. The company plans to use the funds to build a multichain stablecoin-powered #RWA ecosystem ahead of its upcoming public offering. Zoth aims to connect liquidity across Traditional Finance and Onchain Finance to accelerate the flow of trillions into sustainable RWAs, including Cross Border Trade Finance, Sovereign Government Bonds, and Corporate Credit. The company's inaugural offering, ZOTH-FI, is an Institutional Grade Fixed Income Marketplace that enables investor access to top-tier Fixed Income assets through Stable coins.
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