Delta neutral stablecoin protocol Resolv Labs has completed a $10 million seed round financing, co-led by Cyber.Fund and Maven11
ChainCatcher news, according to CoinDesk, the Delta neutral stablecoin protocol Resolv Labs announced the completion of a $10 million seed round financing, led by Cyber.Fund and Maven11, with participation from Coinbase Ventures, Susquehanna, Arrington Capital, and Animoca Ventures.
According to the Web3 asset data platform RootData, Resolv is a Delta neutral stablecoin protocol that revolves around the tokenization of market-neutral investment portfolios. The architecture is based on economically viable and fiat-independent sources of yield. This allows competitive returns to be distributed to the protocol's liquidity providers.
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