LayerBank has completed a $2.3 million Pre-Seed funding round, with participation from Taiko and others.
BlockBeats News, December 5th: DeFi platform LayerBank has completed a $2.3 million Pre-Seed funding round. Investors in this round include Move Industries CEO Torab Torabi, the Coin Bureau Chinese team, DVchain, Taiko, Rootstock, as well as several well-known angel investors and ecosystem contributors.
This funding will be used to support the development and launch of ULAB. As LayerBank's native token, ULAB is at the core of the platform's long-term value capture and incentive mechanism. The token adopts a ve-style reward, fee feedback, continuous repurchase, and lock-up mechanism, binding user engagement and platform growth depth from day one.
At the same time, the funds will also help LayerBank advance its product roadmap, creating more intuitive, automated, user-centric DeFi tools that allow users to easily engage in complex yield strategies through a simple interface.
You may also like

10 Counterintuitive Insights on Latin American Payments

Perp DEX: The Next Generation Exchange "War"

The AI gamble of mining companies: Valuations enter a phase of differentiation, and it's hard to turn the tide

A letter from Alliance to entrepreneurs: Written on the occasion of Cursor selling for 60 billion dollars

Stablecoins Finally Find Real Returns: On-Chain Reinsurance Re Explained | Interview with Re Founder Karan Saroya

The impossible triangle is simply a pseudo problem

Will MicroStrategy fall into a death spiral? What will the macro trend be in the second half of the year?

Blockchain Capital Partner: The Core Secret of Arbitrage

STRC unanchored by 11%, can the perpetual motion machine of Strategy still operate?

Bitcoin Market Analysis 2026: Can BTC Reach $150K by Year-End?

Bitcoin ETF Outflows Hit a Record $4.4 Billion: What Are Traders Doing With Their Cash?

WEEX App Just Got Smarter – New Tabs for Faster Trades & Easy Asset Management

WEEX All-New Search Features: Find, Trade & Earn Faster Than Ever

Morning Report | Illinois signs the strictest digital asset tax law in the U.S.; RWA tokenization market size surpasses $43 billion, institutions accelerate the migration of on-chain assets

Full version of the debut Q&A! Federal Reserve Chairman Waller: Sticking to the 2% inflation target, establishing five special working groups, individual did not submit the dot plot

From Disruptor to Shadow Market: The Crypto Market is Becoming a Colony of Traditional Finance

Dalio's important long article: How to position in the current market environment?


