DeFi Protocol iZUMi Finance Raises $30M, Launches Exchange

The new funding included $20 million from institutional investors Ivy Ventures, Cobo and Mirana, among others. More than half of that total came from a voucher sale on the bond-focused Solv Protocol. iZUMi also sold $4 million BUSD worth of the vouchers and an additional 5,000 in BNB, which is equivalent to about $2 million.