PANews October 29 news, according to official sources, the stablecoin project CAP Labs announced the completion of a $1.9 million Pre-Seed funding round, with participation from Kraken Ventures, Robot Ventures, ANAGRAM, ABCDE Labs, SCB Limited, and several individual investors.
According to reports, CAP Labs is building a scalable crypto-native stablecoin; these stablecoins will connect users to the full range of crypto-native yield: MEV, arbitrage, and other types of yield; its mainnet is planned to launch in the first quarter of 2025.
