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Totalis completed a $500k seed round of funding, becoming the first company to receive YC investment entirely in USDC.
Mars Finance reports that Totalis has announced the completion of a $500k seed round financing, with Y Combinator participating. Totalis is the first company to receive Y Combinator investment entirely in USDC, with the funds settled via the Solana network and custody provided by Ramp. Totalis positions itself as the core derivatives layer for prediction markets, allowing users to construct multi-layered portfolios across categories, markets, and venues, covering geopolitical, cryptocurrency, and sports assets, aiming to improve capital efficiency in trading and market making. According to Y Combinator CEO Garry Tan, YC will in the future make investment payments in stablecoins, and this new financial track of the revolution will not be conducted through ACH or wire transfers.