Yala Raises $8M in Oversubscribed Seed Round to Drive Bitcoin Liquidity
Yala’s mission is to address the liquidity gap in the Bitcoin ecosystem by building a multi-chain platform that combines stablecoin issuance with cross-chain deployments.
Yala’s mission is to address the liquidity gap in the Bitcoin ecosystem by building a multi-chain platform that combines stablecoin issuance with cross-chain deployments.
With this funding, Huma plans to expand its PayFi network to the Stellar smart contract platform and Solana, ensuring accessibility across major payment-focused blockchains.
The round was led by Hack VC and Castle Island Ventures, with support from Franklin Templeton, OKX Ventures, Mirana Ventures, Amber Group, Big Brain Holdings, CMS Holdings, and others.
This latest investment will strengthen Orderly Network, allowing it to keep innovating and growing. The company plans to speed up the release of important updates and features.
As per the company, the distributions will be processed in batches in the coming months, and eligible clients will receive a notification to the BlockFi account email on file.