Frontera Labs Secures $3 Million in Seed Funding for Strata Protocol

According to Odaily, Frontera Labs, the developer behind the Strata protocol, has successfully raised $3 million in a seed funding round. The investment was 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 versatile risk stratification protocol that packages both on-chain and off-chain yield strategies into tokenized senior and junior tranches, each offering distinct risk-reward characteristics.