Satori Finance announces cessation of operations, users must withdraw funds before July 17th

According to The Block, Satori Finance, invested by institutions such as Polychain Capital and Coinbase Ventures, has announced the cessation of operations. Users are required to complete asset withdrawals before 07:59 (UTC+8) on July 17th. Satori Finance completed a seed round financing of $10 million in 2022, deploying networks covering Arbitrum, Optimism, BNB Chain, and providing 25 times leverage and point mining models.