Glacis Labs Raises $6.8 Million Seed for ZeroDelta Clearing Platform

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According to The Block, crypto clearing platform startup Glacis Labs raised $6.8 million in seed funding in March, with Lightspeed Faction leading the round. Franklin Templeton, Coinbase Ventures, A.GAIN, Protein Capital, and Techni Ventures also participated. The funding marks the launch of ZeroDelta, Glacis' multichain clearing platform that matches, nets, and settles digital asset transfers across blockchains. ZeroDelta currently supports stablecoins including USDC, USDT, and USDe, with plans to expand into tokenized securities and real-world assets. Glacis said ZeroDelta has cleared over $1 billion in transaction volume and operates at a $1.5 billion annualized run rate.
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