Daily Market Updates: Glacis Labs raises $6.8 million seed to expand ZeroDelta platform

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Glacis Labs raises $6.8 million seed to expand ZeroDelta platform

The Block reports Glacis is using the funding to expand ZeroDelta from multichain stablecoin clearing into tokenized securities and foreign exchange over time.

Reported · Written up by our desk · Market Structure

The Block reports that crypto clearinghouse Glacis Labs raised a $6.8 million seed round to expand its ZeroDelta multichain clearing platform for stablecoins.

According to the report, Glacis plans to broaden ZeroDelta beyond stablecoin clearing, targeting tokenized securities and foreign exchange as future use cases.

The company’s stated goal is to scale the platform’s clearing capabilities across these additional market segments over time.

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Sources

The BlockCrypto clearinghouse Glacis Labs raises $6.8 million seed to expand ZeroDelta platform

Crypto

Glacis Labs raises $6.8 million seed to expand ZeroDelta platform

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