[City Protocol, On-Chain Structured Products Infrastructure, Raises $11 Million in Funding, with Participation from Dragonfly, Jump Crypto, CMT Digital, and Others] BlockBeats News, August 26: According to official sources, the on-chain structured products infrastructure City Protocol announced the completion of its seed and Pre-A funding rounds, with a total funding amount of $11 million. Investors include Dragonfly, Jump Crypto, CMT Digital, Stratified Capital, Adaverse, Mirana, and others. City Protocol is dedicated to bringing structured products on-chain, providing an integrated infrastructure for the issuance, operation, and access of structured products through its tokenization layer, vault layer, and issuance operation layer. Its flagship product is the on-chain structured products platform Venzo, which currently has four strategy vaults live with a total value locked (TVL) of $40 million. These strategies include quantitative hedging, cross-exchange arbitrage, and private credit, which were previously primarily targeted at institutional and professional investors. Venzo will also soon launch thematic vaults, divided into two categories: personality tracking and sector themes. These will allow users to directly purchase and adjust a basket of assets in their wallets based on publicly defined rules through automated programs. [Original Link]