Zivoe Secures $8.35 Million for Blockchain Credit Protocol Launch

Zivoe's Funding Success

Zivoe, a pioneering Real-World Asset (RWA) credit protocol, has successfully raised $8.35 million in a funding round. This financial boost supports the upcoming launch of their blockchain-based credit protocol, aimed at improving credit accessibility by linking on-chain liquidity with real-world borrowers. The launch is slated for July 31.

Innovative Blockchain Credit Solutions

Initially, Zivoe plans to issue on-chain loans to a regulated lending partner, offering consumers better interest rates. The long-term vision involves directly engaging with consumers, merging on-chain finance with traditional systems. This approach aims to revolutionize the lending industry, providing decentralized finance (DeFi) users unparalleled access to the consumer credit market.

Tokenization of Real-World Assets

The tokenization of real-world assets is rapidly emerging as a significant use of cryptocurrency. By bringing tangible assets onto the blockchain, Zivoe simplifies loan processes, reduces administrative costs, and broadens investment opportunities. Tokenizing securitized loans is a key element in this innovative strategy.

Initial Tranche Offering (ITO) Launch

Coinciding with the protocol launch is Zivoe’s Initial Tranche Offering (ITO), designed as a liquidity bootstrapping mechanism. It allows liquidity providers to deposit stablecoins into senior or junior tranches, receiving Tranche Tokens in return. These tokens offer risk-stratified exposure to the loan portfolio, secured by consumer loan cash flows. Participants can stake tokens to earn yields from real-world loans.

Governance and Utility Tokens

Participants in the ITO will also receive the platform's native governance and utility token, $ZVE, as part of an airdrop reward. This token will play a crucial role in Zivoe’s governance framework, enhancing user involvement and investment opportunities.

The ITO is set to commence on July 31 and will continue for 30 days, marking a significant milestone in Zivoe's mission to integrate blockchain technology with traditional lending systems.