YZi Labs backs TermMax to advance on-chain bond market infrastructure. TermMax was selected for YZi Labs’ EASY Residency S3 and has raised more than $8M to date. Its earlier backers are Cumberland DRW, HashKey Capital, Decima Fund, Longling Capital and MZ Web3 Fund.

TermMax, a fixed-rate lending protocol by Term Structure Labs, received an undisclosed strategic investment from YZi Labs, which manages over $10 billion in assets. The protocol has been live on mainnet since April 2025, operating across 10 EVM chains with 60 fixed-rate markets, 40 strategy vaults and over 1.5 million registered wallets. The $TMX token completed its TGE on August 25. TermMax accepts tokenized U.S. equities as collateral via Ondo Global Markets and Binance's bStock, and its TermPrime institutional arm has nine counterparties on Canton Network. Co-founder Jerry Li previously ran fixed income and FX at Deutsche Bank.

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