"BridgeFi" Cytus Finance and its sister company Robinland completed a $2.4 million seed round financing, with participation from NYCA and others

ChainCatcher news, from January to June this year, Cytus Finance and its sister company Robinland completed angel round financing with a valuation of five million dollars and seed round financing with a valuation of twenty million dollars, led by Wall Street venture capital firms Nyca, Agya, Relay, Eniac, and InfoToken DAO.

Cytus Finance is currently the first "BridgeFi" Yu'ebao in the cryptocurrency space, allowing investors to legally earn U.S. Treasury yields on their stablecoins without withdrawing funds. The project was launched in November 2022 and offers two liquid fixed income pools: a real estate debt pool with a 5-6% yield and a U.S. Treasury pool with a 2-3% yield. (source link)