According to ChainCatcher, RWA ecosystem Zoth announced the completion of a $4 million strategic financing, with Taisu Ventures, G20, Fat Cat Ventures and others participating. Zoth also received support from companies such as Coinbase and Hedera, as well as funding from Ripple's XRPL Foundation.
Zoth is developing Atlas, a permissionless yield product that aims to be a comprehensive DeFi yield solution. The product is currently in testnet and has reached over 1 million wallets through its gamified RWA index on Berachain and Base networks.
According to RootData, a Web3 asset data platform, Zoth is an ecosystem that connects the liquidity and RWA of traditional finance and on-chain finance. The first product, ZOTH-Fixed Income (ZOTH-FI), is an institutional-grade fixed income market that brings RWAs such as cross-border trade financing, treasury bills, and sovereign bonds.