DeFi protocol Zoo Finance completes $8 million strategic financing, led by Bitrise Capital

The DeFi protocol Zoo Finance, focused on unlocking the liquidity of locked tokens, announced the completion of an $8 million strategic funding round. Zoo Finance's core products are the pioneering LVT (Liquidity Vault Token) & LNT (Liquidity Node Token) protocols, which transform locked ownership tokens into tradable digital assets by splitting locked tokens into VT (Vault Token) and YT (Yield Token). This innovation enables on-chain over-the-counter trading for SAFT and node holders, creating new opportunities for future token yield trading.

This round of strategic financing was led by Bitrise Capital, with participation from Signum Capital, Certik Ventures, TOP, CGV Funds, and Cryptomeria. With this, Zoo Finance's total funding has reached $10 million, with previous investors including CMS Holdings, Big Brain Holdings, DefinanceX, Pragma Ventures, HG Ventures, YBB Capital, 0xVentures, and Aquarius Financials.