According to Mars Finance, the Web3 trendy project Capybobo has announced the completion of a $8 million financing round, led by Pluto Vision Labs, which is supported by YZi Labs and previously created CatizenAI, which has 63 million players. This financing round also received participation from several well-known institutions including Folius Ventures, Animoca Brands, HashKey Capital, and Mirana Ventures. Capybobo stated that the funds will be used to accelerate the development of its online toy clothing (PYBOBO Outfits), build a global trendy toy trading platform, and promote the brand in the European and Asian markets. Capybobo is a GameFi project of the TON and Kaia ecosystem, focusing on bringing global trendy toy art culture into Web3, creating a fusion of virtual and reality trendy toy IP.