City Protocol cumulatively completed $11 million in financing, Dragonfly etc

On 26 August, according to official sources, the chain-based structured product infrastructure City Protocol announced the completion of the seed ship and the Pre-A round of financing, with a cumulative total of $11 million, with investments from Dragonfly, Junmp Cripto, CMT Digital, Stratified Capital, Adaverse, Mirana and others. City Protocol is committed to bringing structured products into the chain, providing an integrated infrastructure for the distribution, operation and acquisition of structured products through the monetization layer, the vault layer and the distribution operating layer. Its flagship product, the chain-structured products platform, Venzo, is now on line with four strategic vaults, with a TVL of $40 million, covering previously mainly institutional and professional investor-oriented strategies such as quantitative hedges, cross-exchange arbitrage and private fundraising. In the near future, Venzo will also launch the subject bank, which will be divided into two categories: personal tracking and the subject matter of the plate, with the program completing the purchase and adjustment of a basket of labels directly in the user ' s wallet in accordance with the open rules。