TermMax secures strategic investment from YZi Labs

TermMax, a fixed-rate lending protocol developed by Term Structure Labs, announced on Aug. 26 that it has secured a strategic investment from YZi Labs, formerly Binance Labs. The company did not disclose the investment amount. TermMax was also selected for YZi Labs’ "E이지 레지던시 시즌 3" and has raised more than $8 million to date. Its key early investors include Cumberland DRW, which led its 2023 seed round, as well as HashKey Capital, Decima Fund, Longling Capital and MZ Web3 Fund.