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Anzen Finance Secures $4 Million in Seed Funding to Expand USDz Support

Anzen Finance, the issuer of the digital dollar USDz, has successfully raised $4 million in seed funding from prominent investors including Mechanism Capital, Circle Ventures, Frax, Arca, and others.

USDz is backed by a diversified portfolio of private credit assets, providing stable collateral. The company plans to use the new funding to enhance USDz support across various blockchains and DeFi protocols, allowing users more opportunities to earn rewards.

Anzen Finance operates on both the Layer 1 Ethereum network and the Layer 2 Base network.

Wednesday, May 29, 2024

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