Strata protocol developer Frontera Labs raises $3 million in seed round

Frontera Labs, a blockchain development and research firm, has raised a $3 million seed round led by Maven 11 Capital, with Lightspeed Faction joining as a major investor, the company said in a press release Tuesday. Halo Capital, Heartcore Capital, Anchorage Digital Ventures, Nayt Technologies, Split Capital and a group of angel investors also participated in the round. Frontera Labs is building Strata, a generalized risk-tranching protocol that packages onchain and off-chain yield strategies into toke ...