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Glacis Labs secures $6.8 million in a Seed round led by Lightspeed Faction to enhance ZeroDelta, their clearing layer for digital assets.

PRIVATEJul 15, 202625 days ago

Amount Raised

$6.8 Million

Round Type

Seed

New YorkSoftware

Investors

Techni VenturesProtein CapitalAgain (Formerly Idc Ventures)Coinbase VenturesFranklin TempletonLightspeed Faction

Description

Glacis Labs announced a $6.8 million seed funding round to accelerate operations for their product ZeroDelta. The round was led by Lightspeed Faction with other notable investors including Franklin Templeton and Coinbase Ventures. The funding will support hiring and go-to-market strategies for their multichain clearinghouse. ZeroDelta has already settled over $1 billion in digital asset volume.

Company Information

Company

Glacis

Location

New York, New York, United States

About

Glacis is a middle-ware protocol for developers to manage cross chain messages/bridging with fine grained controls. It was built to help standardize messaging, avoid vendor lock in and single bridge failures, adding redundancy and fail over in case of outages or issues, retry attempts and access controls.

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