https://twitter.com/parallelfi/status/1588569095334957057?s=46&t=FhJpgLXgq2JwB3z7ZRYWdw
We are thrilled to be part of the seed round for Cytus Finance together with reputable players within the space such as InfoTokenDAO, Eniac Ventured and Nyca.
Cytus is a DeFi protocol bringing investment opportunities to blockchain users looking for ways to invest in real world assets (RWA). This space is now being coined ‘Bridge-Fi’, as it sits at the intersection of DeFi and Trade-Fi.
With this collaboration, we aim to bring RWA into the Parallel ecosystem, and allow our users to borrow crypto assets against high quality offchain-loan backed tokens issued by Cytus.
Stay tuned.
Post #409
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