The on-chain investment strategy platform Alloco announced that it has received investment from YZi Labs

Alloco was founded by a team with a quantitative background, and the core team has over $1 billion in institutional asset management experience. The platform packages institutional-level trading strategies into on-chain fund products, covering hedge fund strategies, thematic asset baskets, and tokenized Pre-IPO products, with the first batch of products set to launch soon.

This round of funding will be used for product development, compliance framework construction, and market expansion.