Zivoe Labs
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Zivoe Labs - overview
Location
-, -, -
Primary Industry
Financial Services
About
Zivoe Labs operates as a provider of a decentralized platform that pools capital on-chain, Zivoe helps consumers refinance predatory, loans, providing them with access to credit. Jay Abbasi, Kristal Gruevski, John Quarnstrom, and Thor Abbasi co-founded the firm. In July 2024, Zivoe raised USD 8. 35 million in venture funding from investors ICEBERG Capital and Concave.
Individuals and other investors also participated in the round. Zivoe offers a platform where users can deposit stablecoins to earn interest by funding real-world loans. These loans are serviced by partner companies, and the repayments are returned on-chain, generating liquidity and providing yields to liquidity providers. Zivoe uses $ZVE, an ERC-20 token, for governance and protocol decisions.
The company’s approach integrates DeFi with traditional financial systems, creating a bridge between the two. The company plans to use the July 2024 funding to launch its credit protocol.
Current Investors
ICEBERG Capital, Concave
Primary Industry
Financial Services
Sub Industries
e-Financial
Verticals
Blockchain, Cloud Computing
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.