According to a report from CoinWorld on August 11, the blockchain protocol Zoth announced that it has obtained a $15 million strategic financing commitment from Bolts Capital, which will be used to accelerate the development of its "Real World Asset" (RWA) on-chain ecosystem through token purchases. Zoth will prioritize compliance and innovation, focusing on the development of the RWAFi protocol. Initially, it will concentrate on tokenization of government bond products and plans to expand into emerging markets and alternative assets. Following security incidents involving its ZeUSD token, Zoth officials stated that they are prioritizing the strengthening of security and trust. Zoth is currently preparing for its Token Generation Event (TGE), after which it will announce details regarding its tokenomics, ecosystem incentives, and project roadmap.

RWA-8.53%
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