Web3 bond protocol Xitadel completes a new round of financing, with participation from Solana co-founder Anatoly Yakovenko and others

ChainCatcher news, the Web3 bond protocol Xitadel announced the completion of a new round of financing, with the specific amount undisclosed. Participants in this round of financing include Solana Labs co-founder Anatoly Yakovenko, BONK core contributor Nom None, and Jupiter advisor Kash Dhanda.

Xitadel stated that it will launch a Liquidity Token (LTT), a financial instrument that is over-collateralized, fixed-term, and fixed-income, supported by project governance tokens and facilitating on-chain transactions.