Leading industry investors join forces to support Yala’s vision of a connected multi-chain ecosystem with Bitcoin.
Yala, a liquidity protocol and stablecoin issuer for Bitcoin, has announced the successful completion of its 3x oversubscribed seed funding round. The round was co-led by Polychain Capital and Ethereal Ventures, with participation from prominent investors, including Galaxy Vision Hill, Anagram, Amber Group, ABCDE, Ambush Capital, GeekCartel, HashKey Capital, L2 Iterative Ventures (L2IV), SatoshiLab, UpHonest Capital, UTXO Management, and 280 Capital.
Yala’s team raised an $8 million seed round at an undisclosed valuation, funding the expansion of its engineering, growth, and security teams ahead of its mainnet launch. This follows over 2,000 BTC in committed deposits from investors.
Yala’s mission is to unlock Bitcoin liquidity through a protocol that combines stablecoin issuance with multi-chain ecosystems. Its modular architecture supports cross-chain deployments across EVM-compatible platforms like Ethereum and non-EVM systems like Solana, enhancing Bitcoin composability and driving a connected Bitcoin DeFi ecosystem.
