PANews reported on December 2nd that Zoo Finance, a DeFi protocol focused on unlocking liquidity from locked tokens, announced the completion of an $8 million strategic funding round. Zoo Finance's core product is its pioneering LVT (Liquidity Locked Token) & LNT (Liquidity Node Token) protocol. This protocol transforms locked tokens into tradable digital assets by splitting them into VT (Locked Token) and YT (Yield Token). This innovation enables on-chain over-the-counter trading of SAFT tokens and node holders, creating new opportunities for future yield trading of tokens.

This strategic funding round was led by Bitrise Capital, with participation from Signum Capital, Certik Ventures, TOP, CGV Funds, and Cryptomeria. This brings Zoo Finance's total funding to $10 million. Previous investors include CMS Holdings, Big Brain Holdings, DefinitionX, Pragma Ventures, HG Ventures, YBB Capital, 0xVentures, and Aquarius Financials.