According to the official announcement, IOST has completed a strategic financing round of $21 million, which will be used to expand its multi-chain real-world asset (RWA) infrastructure and build a compliant, interoperable RWA ecosystem. Participants in this round of financing include global partners such as DWF Labs, Presto, and Rollman Management Groups. The financing is executed through a customized allocation mechanism designed to coordinate incentive mechanisms, support sustainable growth of the network, and further decentralize validators and the ecosystem foundation.
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IOST completes $21 million financing to lay out multi-chain RWA infrastructure
According to the official announcement, IOST has completed a strategic financing round of $21 million, which will be used to expand its multi-chain real-world asset (RWA) infrastructure and build a compliant, interoperable RWA ecosystem. Participants in this round of financing include global partners such as DWF Labs, Presto, and Rollman Management Groups. The financing is executed through a customized allocation mechanism designed to coordinate incentive mechanisms, support sustainable growth of the network, and further decentralize validators and the ecosystem foundation.