Web3 asset management platform XEFFY completes $20 million funding round, to be used for expanding Vault and RWA infrastructure
ChainCatcher news, according to The Block, Web3 asset management platform XEFFY announced the completion of a $20 million funding round, including a $5 million angel round and a $15 million private round supported by early strategic investors.
The funds from this round will be used to develop its Vault management platform, expand on-chain real-world asset (RWA) infrastructure, and support early-stage RWA projects globally through the XEFFY Fund to grow the worldwide ecosystem. The platform combines market-neutral Vault strategies with dedicated on-chain RWA infrastructure built for both retail and institutional users.
Currently, the tokenized RWA market size exceeded $3 billion by 2025, with institutions such as BlackRock and Fidelity already deploying related products. The XEFFY platform has about 200,000 community members on X, Telegram, and Discord, and its Asia-Pacific ambassador program has around 200 contributors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Multicoin Capital deposits another 333,200 HYPE, worth $26.73 million, to a certain exchange.
JPMorgan raises IREN target price to $65
Sharp enters Japan AI server market, takes orders for Nvidia-powered systems
With a rate hike looming in September, will the US dollar start a new round of gains?
Crypto prices
More
