Frontera Labs completes $3 million seed round led by Maven 11

According to Odaily, Strata protocol developer Frontera Labs has announced the completion of a $3 million seed round led by Maven 11 Capital, with participation from Lightspeed Faction, Halo Capital, Heartcore Capital, Anchorage Digital Ventures, Nayt Technologies, Split Capital, and a group of angel investors. Strata is described as a universal risk tranching protocol that packages both on-chain and off-chain yield strategies into tokenized senior and junior tranches, each with distinct risk-return characteristics. (CoinDesk)