Zoth acquires Soneium ecosystem Neemo Finance, entering the Japanese blockchain market

ChainCatcher news, Zoth announced the acquisition of the liquid staking and treasury infrastructure protocol Neemo Finance within the Soneium ecosystem. This move strengthens its position as the first full-stack StableFi operating system and expands into the Japanese blockchain market.

It is reported that Neemo is supported by Sony Block Solution. This acquisition will help Zoth integrate liquid staking and treasury functions, enhancing the yield strategies and capital efficiency of the ZeUSD stablecoin. The Neemo team will join Zoth to drive product and technology development, while opening doors for collaboration with Asian institutions. Previously, Zoth had formed a $75 million alliance with Haven1 to promote institutional adoption of RWAs, and Zoth received a $15 million strategic investment from Bolts Capital to drive RWA on-chain.