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