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Kyo Finance has completed a $5 million Series A funding round, with Castrum Istanbul leading the investment.

BlockBeats News, November 8th, Kyo Finance announced that it has completed a $5 million Series A funding round, with a valuation of $1 billion. This round of funding was led by Castrum Istanbul, TBV, and BZB Capital.


The core goal of the protocol remains to establish a single liquidity layer to eliminate chain barriers and complexity in Decentralized Finance (DeFi).

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In last week's funding news, DCG participated in a $500,000 seed round expansion funding from Portals Finance, a one-stop DeFi yield aggregator.
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