Zoth, a Defi Yield infrastructure company, has successfully extended its raise to $4 million strategic round to spearhead the launch of its innovative Tokenized Liquid Note, comprised of secure low-risk assets like US Treasury Bills (T-Bills) and top-rated corporate bonds from top global financial institutions. This funding round is a significant milestone in Zoth's mission to bring permissioned Real World Assets (RWAs) and permissionless DeFi products to the blockchain. The round attracted prominent investors such as Taisu Ventures, G20, Fat Cat Ventures, GemHead Capital, Foundership Ventures, DCI Capital, Absolute Digital VC, Gydra Capital, and AstraX Capital, as well as support from financial and crypto angels from companies like Coinbase and Hedera. The company, founded in January 2023 by Pritam Dutta and Koushik Bhargav, aims to establish itself as a chain-agnostic crypto yield layer, offering institutional and accredited investors access to secure financial products onchain.
Zoth has already deployed $13 million in private credit, with a significant amount originated and more in the pipeline. The company is focused on building a regulated ecosystem for innovative products, starting with Zoth-Fi, which delivers stablecoin-based financial solutions to institutions and qualified investors across multiple blockchains. Additionally, Zoth is integrating multichain RWAs into various ecosystems, including Bitcoin via Bitlayer.
The Zoth Tokenized Liquid Note ($ZTLN) is a $100 million investment in short-term, high-quality instruments, providing transparency, weekly NAV updates, detailed disclosures, and live proof of reserve on Chainlink. Managed by experts recognized by Compound, Mastercard, Coinbase, and Fidelity, it ensures 24/7 liquidity through licensed brokers and custodians. The product features audited smart contracts and interoperable security tokens compatible with multiple blockchains. Zoth is also developing Atlas, a permissionless yield product, aiming to be a comprehensive DeFi yield solution. Currently in the testnet phase, Atlas is designed to educate DeFi users and incorporate RWAs and crypto strategies, having reached over 1+ million wallets through its gamified RWA index on Berachain and Base Network.
Zoth's growth trajectory has been supported by collaborations with institutional partners and recognition from industry players. Operating with compliant infrastructure in the UAE and Luxembourg, Zoth has expanded its ecosystem partnerships across the Middle East and LATAM. Recognized by Fidelity FCAT and the Wormhole Foundation, Zoth is making strides in merging traditional finance with decentralized technologies.
About Zoth: Zoth is a DeFi infrastructure company focused on bringing Permissioned RWAs and Permissionless DeFi financial products onchain. Its flagship offering, Zoth-Fi, is a chain-agnostic, institutional-grade platform providing access to secure financial assets through stablecoins. With plans to introduce a range of financial products, Zoth is at the forefront of bridging traditional finance with decentralized technologies.
