Yala, a Bitcoin-focused liquidity protocol and stablecoin issuer, has successfully completed its 3x oversubscribed seed funding round, raising $8 million. The round was co-led by Polychain Capital and Ethereal Ventures, with participation from prominent investors including Galaxy Vision Hill, Anagram, Amber Group, ABCDE, Ambush Capital, GeekCartel, HashKey Capital, L2 Iterative Ventures (L2IV), SatoshiLab, UpHonest Capital, UTXO Management, and 280 Capital. The funding will be used to expand Yala's engineering, growth, and security teams ahead of its mainnet launch.
, a liquidity protocol and stablecoin issuer for Bitcoin , has announced the successful completion of its 3x oversubscribed seed funding round. The round was co-led by Polychain Capital and Ethereal Ventures, with participation from prominent investors, including Galaxy Vision Hill, Anagram, Amber Group, ABCDE, Ambush Capital, GeekCartel, HashKey Capital, L2 Iterative Ventures , SatoshiLab, UpHonest Capital, UTXO Management, and 280 Capital.
Yala’s mission is to unlock Bitcoin liquidity through a protocol that combines stablecoin issuance with multi-chain ecosystems. Its modular architecture supports cross-chain deployments across EVM-compatible platforms like Ethereum and non-EVM systems like Solana, enhancing Bitcoin composability and driving a connected Bitcoin DeFi ecosystem.“Our strategy is to invest in and support founders in building an ecosystem driven by strong synergies.
Bitcoin Defi Stablecoin Liquidity Protocol Seed Funding
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