Tether backs Ark Labs’ $5.2M round to expand stablecoin infrastructure on Bitcoin through Arkade, enabling faster transactions and payments.
Ark Labs announced it secured $5.2 million in a seed funding round led by Tether alongside investors including Ego Death Capital, Epoch VC, Lion26, Sats Ventures and Contribution Capital.
Tether backed Ark Labs in a $5.2M round to develop programmable infrastructure enabling stablecoins like USDT on Bitcoin.