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Glacis Labs Raises $6. 8 Million Seed Round to Scale ZeroDelta, the Clearing Layer for Digital Assets | The AI Journal

Seed investment to accelerate hiring, operations, and go-to-market for multichain clearinghouse that has settled over $1 billion indigital assetvolume, /PRNewswire/ — Glacis Labs, thecryptoinfrastructure. . .

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Glacis Labs Raises $6. 8 Million Seed Round to Scale ZeroDelta, the Clearing Layer for Digital Assets | The AI Journal

Seed investment to accelerate hiring, operations, and go-to-market for multichain clearinghouse that has settled over $1 billion indigital assetvolume, /PRNewswire/ — Glacis Labs, thecryptoinfrastructure company building the clearing layer for digital assets, today announced the close of a $6. 8 million seed funding round led by Lightspeed Faction, with participation from Franklin Templeton,CoinbaseVentures, Again (formerly IDC Ventures), Protein Capital, and Techni Ventures. The investment will scale hiring, expand operations, and accelerate go-to-market for ZeroDelta, the company’s flagship product, a multichain clearinghouse that has settled over $1 billion indigital assetvolume and operates at a $1. 5 billion annualized run rate across more than 40 chains. “The next decade of finance is going to settle onchain, but the rails to do it at an institutional scale do not exist yet. ZeroDelta is the clearinghouse that makes it possible,” said Jacob Blish, Co-Founder and CEO of Glacis Labs. “We are starting withstablecoinsbecause that is where the volume is today, and we are building toward a future where tokenized securities and real-world assets clear on the same infrastructure. ”ZeroDelta is a multichain clearinghouse that matches, nets, and settlesdigital assetflows with non-custodial, atomic delivery and a cryptographic receipt on every transfer. It sits above the bridges and transport layers that move tokens between blockchains. Rather than routing each transfer individually, it matches opposing flows against each other internally so that only the net remainder ever moves onchain. Glacis Core, the cross-chain messaging layer, and Glacis’ AirLift, thetokentransport layer, run beneath every ZeroDelta settlement to handle routing and chain-to-chain movement. Today’s existing cross-chain infrastructure introduces slippage, custody risk, and fragmented audit trails that constrain institutional adoption. ZeroDelta replaces that with a system where settlement is final or it does not happen. The architecture is asset-agnostic and built to extend into tokenized securities, real-world assets, and FX as those markets mature. The timing of this investment coincides with accelerating institutional demand for onchain infrastructure. Stablecoinregulation is pulling institutional volume onto blockchain rails and as that volume grows, the deterministic, auditable settlement infrastructure from ZeroDelta is critical to howdigital assetmarkets function at scale. About Glacis LabsGlacis Labs builds the clearing layer for digital assets. Its flagship product, ZeroDelta, is a multichain clearinghouse that matches, nets, and settlesdigital assetflows across more than 40 chains with non-custodial, atomic delivery. ZeroDelta has cleared over $1 billion in lifetime volume and operates at a $1. 5 billion annualized run rate. Glacis servesstablecoinissuers, financial institutions, and protocols building on tokenized assets. Learn more at glacislabs. com. Media Contact[email protected]View original content:https://www. prnewswire. com/news-releases/glacis-labs-raises-6-8-million-seed-round-to-scale-zerodelta-the-clearing-layer-for-digital-assets-302825869. htmlSOURCE Glacis Labs

Source: aijourn.com

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