PANews reported on April 16 that according to CoinDesk, Resolv Labs, the company behind the DeFi protocol Resolv, announced the completion of a $10 million seed round of financing, led by Cyber.Fund and Maven11, with participation from Coinbase Ventures, Susquehanna subsidiary SCB Limited, Arrington Capital, Gumi Cryptos, NoLimit Holdings, Robot Ventures, Animoca Ventures, etc. Resolv focuses on the income-generating stablecoin USR, which adopts a Delta neutral strategy hierarchical structure, and coin holders can obtain stable income. The current TVL of the protocol is $450 million, and the new funds will be used to expand BTC-related strategies and multi-chain deployment.
Resolv Labs Completes $10 Million Seed Round, Led by Cyber.Fund and Maven11
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