Cryptocurrency clearing startup Glacis Labs has completed a seed round financing of $6.8 million, led by Lightspeed Faction, with co investments from Franklin Templeton, Coinbase Ventures, A.GAIN, Protein Capital, and Techni Ventures, using an equity+token warrant structure. The financing will be used to expand the ZeroDelta platform and support the expansion of engineering, compliance, and marketing teams. ZeroDelta is a multi chain clearing platform that enables cross blockchain digital asset matching, net settlement, and final settlement. Currently, it focuses on serving stablecoins and has processed over $1 billion in transaction volume.
