Yala
Bitcoin Lending Protocol
Yala
@YalaFollowers154.44 K
Following203
Influence Index443
Related News
Bitcoin-backed stablecoin developer Yala raises $8 million in seed funding
The Block2024-10-10
Yala's Strategic Roadmap Unveiled: Bring Bitcoin Liquidity across Blockchain with a Meta-Yield Stablecoin
Chainwire 2024-03-22
Nubit Partners with Yala on Scaling and Securing Bitcoin DeFi with Data Availability Integration
Medium 2024-03-12
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Yield-generating Stablecoin on the Klaytn NetworkYala connects Bitcoin liquidity with a meta yield stablecoin. Designed as both a potent asset and a liquidity enhancer, the stablecoin, yU, operates across various ecosystems, increasing efficiency without the need for bridges or relocating the underlying Bitcoin. Yala empowers Bitcoin holders and ecosystem participants with expanded utility, all while maintaining the security of Bitcoin’s infrastructure.
Team Members
Vicky FuCo-Founder & CTO
Kaitai ChangCo-Founder & COO
Investors
Ethereal Ventures
Polychain
Galaxy
Amber Group
HashKey Capital
ABCDE Capital
Anagram
UTXO Management
L2 Iterative Ventures
GeekCartel
SatoshiLab
UpHonest Capital
280 CapitalFundrasing details
| Funding Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
Seed | $8.00M | -- | 2024-10-09 |  Ethereal Ventures* Polychain*+ 11 |