RWA stablecoin issuer Anzen Finance has completed a $4 million seed round financing, with participation from Circle Ventures and others

ChainCatcher news, according to The Block, RWA stablecoin issuer Anzen Finance has completed a $4 million seed round financing, with participation from Mechanism Capital, Circle Ventures, Frax, Arca, Infinity Ventures, Cherubic Ventures, Palm Drive Ventures, M31 Capital, Kraynos Capital, and others.

It is reported that after the completion of this financing transaction, there will be no changes to its board of directors. Anzen allows users to mint the stablecoin USDz, which is backed by a "diversified portfolio of private credit assets," providing collateral through real-world assets USDz, and this token can be staked in other DeFi protocols.