Privacy-focused stablecoin project Zoth has announced the completion of a new round of strategic financing. According to ChainCatcher, the specific amount of the investment has not been disclosed. The funding round was led by Taisu Ventures, with participation from Luca Netz, CEO and owner of the NFT project Pudgy Penguins, and JLabs Digital. The newly acquired funds will be utilized to develop stablecoin infrastructure centered around a 'privacy-first' framework.

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