Bitcoin liquidity protocol and stablecoin issuer Yala announced the completion of a $8 million seed round led by Polychain Capital and Ethereal Ventures, with participation from Galaxy, Anagram, Amber Group, ABCDE, Ambush Capital, GeekCartel, HashKey Capital, L2 Iterative Ventures (L2IV), SatoshiLab, UpHonest Capital, UTXO Management and 280 Capital.
The exact valuation was not disclosed, and the financing will be mainly used for team expansion, product development and security enhancements, and preparation for the mainnet launch. In addition, investors have also pledged to pledge more than 2,000 bitcoins to Yala.
Stablecoin Issuer Yala Completes $8 million Seed Round
2024-10-10 14:36:26
Bitcoin liquidity protocol stablecoin issuer yala announced donedesk3cryptocurrencydesktopCrypto News
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
美联储巴尔金：通胀正朝着正确的方向发展
