City Protocol (시티프로토콜) develops on-chain infrastructure for structured financial products, splitting issuance into tokenization, vault, and issuance/operations modules so asset managers can launch products via API. Its first platform, Benzo, runs institutional-style strategies -- quantitative hedging, exchange arbitrage, and private lending -- fully on-chain, and had reached roughly $30 million in total value locked across four vaults as of August 2026.
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Aug 25, 2026
Latest raise
Funding activity · 1 round
Aug 25, 2026
$11M
Seed
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