Kyoko Raises $3 Million in Private Round Funding Led by Animoca Brands

TokenInsight news, Kyoko, a DAO-to-DAO cross-chain asset lending platform, has closed a $3 million private funding round led by Animoca Brands with participation from Infinity Ventures Crypto (IVC), YGG SEA, NGC Ventures and others. The funds raised will be used to strengthen Kyoko's market position, actively pursue strategic partnerships with DAOs, guilds and gaming companies, and grow its development and marketing teams. Kyoko provides liquidity solutions to the web3 market through its unsecured and collateralized DAO-to-DAO credit lending platform. It is said that Kyoko’ P2P NFT lending platform is currently in its test launch phase and its DAO-to-DAO lending and cross-chain asset lending platforms will be released later in Q1 2022.
Source

Fund Raising

Related News
Blur Founder's L2 Network Blast Raises $20M, Backed by Paradigm Blur Founder's L2 Network Blast Raises $20M, Backed by Paradigm
Crypto Exchange Blockchain.com Raised $110M, Led by Kingsway Capital Crypto Exchange Blockchain.com Raised $110M, Led by Kingsway Capital
Blockchain Payment Firm Fnality Raised $95M, Led by Goldman Sachs and BNP Paribas Blockchain Payment Firm Fnality Raised $95M, Led by Goldman Sachs and BNP Paribas
$CYBER Surged over 30% in Past 24 Hours as Binance Labs Announced Investment in CyberConnect $CYBER Surged over 30% in Past 24 Hours as Binance Labs Announced Investment in CyberConnect
Hybrid Exchange Cube Raised $9M in Seed Funding Hybrid Exchange Cube Raised $9M in Seed Funding
Latest News More More
1 Day Ago Botanix Labs Launches EVM-equivalent Bitcoin Layer 2
1 Day Ago AntPool Agrees to Refund Accidental $3 Million Bitcoin Transaction Fee
1 Day Ago MicroStrategy Purchased 16,130 Additional Bitcoins, Plans to Raise $750M Through Stock Sale
2 Days Ago Bitget Wallet Announced TON Mainnet Integration
2 Days Ago Wormhole Secures $225 Million Funding at $2.5 Billion Valuation
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open