YO Labs raises $10 million in Series A funding, led by Foundation Capital.

Odaily Planet Daily reports that YO Labs, the development team behind the yield optimization protocol YO Protocol, has announced the completion of a $10 million Series A funding round. The round was led by Foundation Capital, with participation from Coinbase Ventures, Scribble Ventures, and Launchpad Capital. This brings their total funding to $24 million. The company plans to use the funds to expand the protocol to more blockchains and improve its infrastructure. (CoinDesk)