Tori Finance raises $50M pre-deposit for institutional arbitrage yield product – Link

Tori Finance completed $50 million in pre-deposits for its strUSD yield product in just 7 days before launch. The product targets about 12% annualized yield from institutional-grade delta-neutral arbitrage strategies.

• Uses zero-knowledge proofs and trusted execution environments for on-chain balance sheet verification
• Audited independently by Sherlock and Nethermind

Matters because: the scale of pre-deposits suggests demand for tokenized on-chain yield products with institutional-grade verification.
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