Zoth acquires Neemo Finance from the Soneium ecosystem, entering the Japanese blockchain market
Zoth announced the acquisition of Neemo Finance, a liquidity staking and treasury infrastructure protocol within the Soneium ecosystem. This move strengthens its position as the first full-stack StableFi operating system and expands into the Japanese blockchain market. Neemo is reportedly backed by Sony Block Solution, and this acquisition will help Zoth integrate liquidity staking and treasury functions, enhancing the ZeUSD stablecoin's yield strategy and capital efficiency. Neemo's team will join Zoth to drive product and technology development, while also opening the door for Zoth to collaborate with Asian institutions. Previously, Zoth had reached a $75 million alliance with Haven1 to promote institutional adoption of RWAs. On August 11, Zoth received a $15 million strategic investment from Bolts Capital to promote the on-chain implementation of RWAs.