The CeDeFi platform BitFi has completed its seed round financing, with participation from Fundamental Labs and others.

Sep 11, 2024 22:24:58

the CeDeFi platform BitFi announced on platform X that it has completed its seed round financing, with participation from Fundamental Labs, IBC Group Ventures, CGV FoF, TyreGate Capital Group, and Citizen Journalism Network Accelerator (CJNA). The specific amount has not been disclosed. BitFi primarily provides BTC-based multi-asset yield services through secure cross-chain technology and professional off-chain asset management strategies to better support the CeDeFi market.

According to the Web3 asset data platform RootData, BitFi combines the advantages of centralized and decentralized financial solutions to maximize yields for users across various assets (such as BTC). By leveraging multi-chain adaptability and complex off-chain trading strategies, BitFi offers guaranteed staking yields and multi-layer yield generation.

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