The CeDeFi yield platform BitFi announced the launch of its seed round financing, with a valuation of 50 million USD.

ChainCatcher news, the CeDeFi yield platform BitFi has announced the launch of its seed round financing, with a valuation of 50 million USD. Confirmed investors include Fundamental Labs, IBC Group Ventures, CGV FoF, TyreGate Capital Group, and Citizen Journalism Network Accelerator (CJNA).

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.