ANZEN FINANCE, the issuer of RWA stablecoin, announced the completion of a $4 million seed round of financing, with participation from many well-known investment institutions such as MECHANISM CAPITAL, CIRCLE VENTURES, FRAX, ARCA, INFINITY VENTURES, CHERUBIC VENTURES, PALM DRIVE VENTURES, M31 CAPITAL, and KRAYNOS CAPITAL. This round of financing will not change its board structure. ANZEN FINANCE's USDZ stablecoin is backed by a diversified portfolio of private credit assets and aims to provide collateral through real-world assets, enhance its stability, and can be pledged in other DEFI protocols.

Odaily Planet Daily News RWA stablecoin issuer Anzen Finance announced the completion of a $4 million seed round of financing with participation from Mechanism Capital, Circle Ventures, Frax, Arca, Infinity Ventures, Cherubic Ventures, Palm Drive Ventures, M31 Capital, Kraynos Capital, etc. It is reported that after the completion of this round of financing, its board of directors will not change. Anzen allows users to mint stablecoins USDz supported by a "diversified portfolio of private credit assets", which are collateralized by real-world assets USDz, and the token can be pledged in other DeFi protocols. (TheBlock)

ANZEN FINANCE Completes $4 Million Seed Round of Financing, with Participation from Several Top Investment Institutions