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Kyo Finance completes $5 million Series A funding round, led by Castrum Istanbul and others

Kyo Finance completes $5 million Series A funding round, led by Castrum Istanbul and others

Chaincatcher

Chaincatcher2025/11/08 04:37

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ChainCatcher reported that Kyo Finance has announced the completion of a $5 million Series A funding round, reaching a valuation of $100 million. This round was led by Castrum Istanbul, TBV, and BZB Capital.

The core objective of the protocol remains to establish a single liquidity layer to eliminate chain boundaries and complexity in decentralized finance (DeFi).

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Italian banks support the European Central Bank's digital euro initiative but hope to share initial investment costs.

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