According to ChainCatcher, CeDeFi yield platform BitFi announced the launch of a seed round of financing with a valuation of US$50 million. Confirmed investors include Fundamental Labs, IBC Group Ventures, CGV FoF, TyreGate Capital Group and Citizen Journalism Network Accelerator (CJNA).
According to Web3 asset data platform RootData, BitFi combines the advantages of centralized and decentralized financial solutions to maximize the returns of multiple assets (such as BTC) for users. By leveraging multi-chain adaptability and complex off-chain transaction strategies, BitFi provides guaranteed staking returns and multi-layered return generation.
