Post #11787

Ark Labs raises $5.2M in a Seed Round backed by Tether The round includes Tether, Ego Death Capital, Epoch VC, Lion26, Sats Ventures and Contribution Capital, with participation from Anchorage Digital, Ralph Ho (former VP of Finance at PayPal). Ark Labs is a Bitcoin Layer 2 payments network designed to simplify user experiences while maintaining self-custody. The raise brings total Ark Labs backing to $7.7M, following a pre-seed round backed by Draper Associates, Fulgur Ventures, and Axiom Capital. Tether has been on an active investment spree, backing Axiym, Whop, Dreamcash, LayerZero and Anchorage Digital. 🔗blog.arklabs.xyz/ark-labs-raises-5-2m-backed-by-tether-to-build-programmable-finance-on-bitcoin @TOP7ICO