YO Labs, the developer behind YO Protocol, raised $10 million in a Series A round led by Foundation Capital, with participation from Coinbase Ventures. The protocol focuses on cross-chain yield optimization via automatic rebalancing, with funds set to expand to more blockchains and strengthen infrastructure. https://t.co/IqBv8YzDid ...

YO Labs, the development team behind YO Protocol, has raised $10 million in a Series A round to expand its crypto yield optimization platform. Venture capital firm Foundation Capital led the round, joined by Coinbase Ventures, Scribble Ventures, and Launchpad Capital. The San Francisco-based company plans to use the funding to bring its yield optimization protocol to more blockchains and improve its infrastructure. YO Protocol is designed to help users earn yield on crypto assets by automatically rebal ...