Boundary Labs completes $2 million funding round led by Galaxy VenturesStablecoin infrastructure startup Boundary Labs has announced the completion of a $2 million Pre-Seed funding round, led by Galaxy Ventures with participation from First Block Capital, BlackWood, and others. The company plans to launch its institutional-grade stablecoin USBD and a staked version, sUSBD, on the Ethereum mainnet in summer 2026. According to the introduction, USBD will support daily on-chain disclosure of reserve status, net asset value (NAV), and protocol operating data, and will adopt an over-collateralized and Delta Neutral hedging strategy to reduce market volatility and directional risk. Boundary emphasized that its protocol will not use recursive leverage and requires all yield sources to maintain a Delta Neutral structure. (The Block)
