Kyo Finance has completed a $5 million Series A funding round, with Castrum Istanbul leading the investment.

BlockBeats News, November 8th, Kyo Finance announced that it has completed a $5 million Series A funding round, with a valuation of $1 billion. This round of funding was led by Castrum Istanbul, TBV, and BZB Capital.

The core goal of the protocol remains to establish a single liquidity layer to eliminate chain barriers and complexity in Decentralized Finance (DeFi).