Yo Labs raises 10 million USD Series A to enhance cross-chain yield protocol

Foundation Capital led the investment, with participation from Coinbase Ventures, Scribble Ventures, and Launchpad Capital. This funding will accelerate the development of YO Protocol, which automates crypto yield generation across multiple DeFi platforms.

YO Protocol diversifies yield products in USD, EUR, BTC, and gold while minimizing risks associated with single-chain dependence. The integration of automatic capital management boosts efficiency and security for users in the DeFi space.

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