iZUMi Finance and Nasdaq-listed company CIMG jointly launch $20 million on-chain fund Upstarts Fund
ChainCatcher news, multi-chain DeFi protocol iZUMi Finance announced the joint establishment of the Upstarts Fund with Nasdaq-listed company CIMG Inc., with a scale of 20 million USD.
This fund aims to help traditional enterprises deploy capital into the digital asset sector through a compliant and transparent framework. The Upstarts Fund consists of three core segments:
DeFi Liquidity Vault: Provides on-chain yields for listed company treasuries, deepens ecosystem liquidity, and accelerates DeFi application adoption;
Premium Token Investment: Assists listed companies in institutional-level investment and allocation of high-quality digital assets;
Tokenized Stock Trading Services: Promotes on-chain circulation of US stocks and tokenized stocks, further expanding the integration of traditional and digital assets.
CIMG and iZUMi have already completed the first yield-generating Bitcoin DAT (Decentralized Asset Tokenization) product through this fund.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The BlackRock address received 16,629 ETH and 300 BTC in the past 10 minutes.
Data: BlackRock received BTC and ETH worth $78.15 million from an exchange in the past 10 minutes
BitMine increases holdings by 20,532 ETH, worth approximately $63.32 million
