Odaily News: Side Labs, the parent company of the Cosmos ecosystem's interoperable financial protocol Side Protocol, has completed a $1.5 million pre-seed funding round. The funding was led by Hashkey Capital, KR1, Continue Capital, Symbolic Capital, Informal Systems, Dora Ventures, Charles Lu, Harry Halpin, Eric Chen, Mirza Uddin, Siddhartha Dutta, and Vincent Niu.



The new funds will be used to expand its team and ensure compliance with legal and regulatory standards. Additionally, Side Labs aims to establish a mesh liquidity network that eliminates the need for bridges and intermediary tokens for cross-chain asset exchanges on liquidity hub networks. (source: theblock)