Frontera Labs raises $3 million in seed funding, led by Maven 11.

Odaily Planet Daily reports that Frontera Labs, the developer of the Strata protocol, has announced the completion of a $3 million seed funding round, led by Maven 11 Capital, with participation from Lightspeed Faction, Halo Capital, Heartcore Capital, Anchorage Digital Ventures, Nayt Technologies, Split Capital, and a group of angel investors. Strata is reportedly a general-purpose risk stratification protocol that packages on-chain and off-chain yield strategies into tokenized advanced and basic tiers, each with different risk-reward characteristics. (CoinDesk)