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ELYSIA attracts USD1m from FBG Capital

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ELYSIA, a decentralised project linking has raised a strategic investment (USD1 million) from FBG Capital, a Singapore-based cryptocurrency hedge fund and venture capital firm.

The ELYSIA Foundation plans to utilise FBG Capital’s network to preoccupy the global market and accelerate technological advancement through this investment. 

ELYSIA is a protocol that makes real assets into asset tokens (NFTs) to be used on-chain, and the asset tokens created in this way can be used in ELYSIA’s DeFi, ELYFI. ELYFI is the first DeFi project to utilise real assets brought on-chain through the ELYSIA protocol. Participants in the ELYFI Protocol can obtain investment returns by supplying liquidity to the money pool or can borrow liquidity using asset tokens as collateral and can contribute to the protocol’s stability and development through governance participation and staking.

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