Boundary Labs completes $2 million funding round, led by Galaxy Ventures

Odaily Odaily Odaily reports that stablecoin 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 other institutions. The company plans to launch its institutional-grade stablecoin USBD and its staked version sUSBD on the Ethereum mainnet in the summer of 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 emphasizes that the protocol will not use recursive leverage and requires all revenue sources to maintain a Delta Neutral structure. (The Block)