Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
P2P Loan
Grow your wealth in fiat investment
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
WCTC S8
Rewards

Boundary Raises $2M for USBD Institutional Stablecoin With Galaxy Ventures

GateNews
ETH0.89%

According to The Block, stablecoin startup Boundary Labs announced Monday it has raised $2 million in pre-seed funding led by Galaxy Ventures to develop USBD, an institutional stablecoin focused on onchain reserve verification. First Block Capital and BlackWood also participated in the round, which closed in December 2025.

Boundary’s USBD is designed for daily onchain verification of reserves and net asset value, with explicit over-collateralization and delta-neutral hedging. The protocol will launch on Ethereum mainnet in early summer 2026, targeting $100 million in total value locked by year-end. Institutional participants will access the protocol through a dedicated application with KYC/KYB workflows. The platform will also offer sUSBD, a staked token enabling eligible institutions to earn protocol income from delta-neutral DeFi strategies.

View Source
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related News

05-11 16:33
Boundary Labs Announces Institutional Stablecoin USBD, Raises $2M in Seed Funding
05-11 10:09
Fortune Protocol Completes Seed Funding Round with Cogitent Ventures, X21 Digital and Others
05-11 07:23
Digital Asset Raises $300 Million at $2 Billion Valuation, Led by a16z Crypto
05-10 13:33
BlackRock Files to Launch $6.1B Tokenized Money Market Fund on Ethereum
05-09 14:01
BlackRock Files to Launch $6.1B Tokenized Money Market Fund on Ethereum
In-Depth Analysis

Circle Q1 financial report: USDC in circulation reaches $77B, CRCL surges nearly 16%

Market Whisper05-12 02:25

Boundary Labs Raises $2M for USBD Institutional Stablecoin

Crypto Frontier05-11 22:34

Stablecoin giant Circle Arc chain token fundraising of $200 million! BlackRock, Standard Chartered, and ARK Invest participated

ChainNewsAbmedia05-11 10:54
Comment
0/400
No comments