City Protocol, an onchain structured products infrastructure provider, has completed its seed and Pre-A funding rounds, raising $11 million from Dragonfly, Jump Crypto, CMT Digital, Stratified Capital, Adaverse, Mirana and other investors. Its flagship platform Venzo, built on this infrastructure, currently hosts four strategy vaults representing $30 million in TVL. The ecosystem counts over 51,000 verified City ID users and over 9,400 ecosystem NFT holders. City Protocol breaks its pipeline into three reusable modules (tokenization, vault and issuance), enabling any team with strategy capability to launch a structured product onchain.
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