Leading industry investors join forces to support Yala’s vision of a connected multi-chain ecosystem with Bitcoin.
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October 10, 2024 — Yala, a liquidity protocol and stablecoin issuer for Bitcoin, has announced the successful completion of its 3x oversubscribed seed funding round. The round was co-led by Polychain Capital and Ethereal Ventures, with participation from prominent investors, including Galaxy Vision Hill, Anagram, Amber Group, ABCDE, Ambush Capital, GeekCartel, HashKey Capital, L2 Iterative Ventures (L2IV), SatoshiLab, UpHonest Capital, UTXO Management, and 280 Capital.
Yala’s team raised an $8 million seed round at an undisclosed valuation, funding the expansion of its engineering, growth, and security teams ahead of its mainnet launch. This follows over 2,000 BTC in committed deposits from investors.
Yala’s mission is to unlock Bitcoin liquidity through a protocol that combines stablecoin issuance with multi-chain ecosystems. Its modular architecture supports cross-chain deployments across EVM-compatible platforms like Ethereum and non-EVM systems like Solana, enhancing Bitcoin composability and driving a connected Bitcoin DeFi ecosystem.
Yala’s team raised an $8 million seed round at an undisclosed valuation, funding the expansion of its engineering, growth, and security teams ahead of its mainnet launch. This follows over 2,000 BTC in committed deposits from investors.
Yala’s mission is to unlock Bitcoin liquidity through a protocol that combines stablecoin issuance with multi-chain ecosystems. Its modular architecture supports cross-chain deployments across EVM-compatible platforms like Ethereum and non-EVM systems like Solana, enhancing Bitcoin composability and driving a connected Bitcoin DeFi ecosystem.
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Key Investors Highlight Support
“Our strategy is to invest in and support founders in building an ecosystem driven by strong synergies. Through its stablecoin, Yala will bridge the gaps, enabling our Bitcoin ecosystem to thrive with robust liquidity”, said the Polychain Capital Team.
“Yala’s approach addresses the current liquidity gap in the Bitcoin ecosystem. Their first-mover advantage, paired with the excellent execution speed of the team, will unlock new opportunities in BTC-related DeFi innovation. EV is thrilled to be supporting their journey,” added Min Teo, Managing Partner & Co-founder at Ethereal Ventures.
“Our strategy is to invest in and support founders in building an ecosystem driven by strong synergies. Through its stablecoin, Yala will bridge the gaps, enabling our Bitcoin ecosystem to thrive with robust liquidity”, said the Polychain Capital Team.
“Yala’s approach addresses the current liquidity gap in the Bitcoin ecosystem. Their first-mover advantage, paired with the excellent execution speed of the team, will unlock new opportunities in BTC-related DeFi innovation. EV is thrilled to be supporting their journey,” added Min Teo, Managing Partner & Co-founder at Ethereal Ventures.
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Yala’s Vision
Yala is building a modular infrastructure to deploy cross-chain modules, enhancing Bitcoin composability across ecosystems. The key components of the Yala protocol are:
Overcollateralized Stablecoin Protocol: A Bitcoin-backed stablecoin ensuring security and stability.
MetaMint: Enables minting stablecoins directly from the Bitcoin mainnet on the destination chain.
Insurance Derivatives Service: Provides comprehensive insurance solutions within the DeFi ecosystem.
Yala is building a modular infrastructure to deploy cross-chain modules, enhancing Bitcoin composability across ecosystems. The key components of the Yala protocol are:
Overcollateralized Stablecoin Protocol: A Bitcoin-backed stablecoin ensuring security and stability.
MetaMint: Enables minting stablecoins directly from the Bitcoin mainnet on the destination chain.
Insurance Derivatives Service: Provides comprehensive insurance solutions within the DeFi ecosystem.
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Yala’s multi-token system aims to boost Bitcoin cross-chain liquidity, featuring $YU (a yield-bearing, Bitcoin-backed stablecoin) and $YALA (the governance token of the Yala ecosystem). $YU allows Bitcoin holders to earn yields across various cross-chain DeFi protocols while preserving the security and stability of the Bitcoin network.
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“Yala is revolutionizing Bitcoin’s role in decentralized finance,” said Vicky Fu, Yala Co-founder and CTO. “By issuing Bitcoin-backed stablecoins and creating programmable cross-chain modules, we’re not just enhancing liquidity, but we’re building a bridge that connects Bitcoin to the wider DeFi ecosystem, unlocking unprecedented opportunities for innovation and growth.”
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October 10, 2024 — Yala, a liquidity protocol and stablecoin issuer for Bitcoin, has announced the successful completion of its 3x oversubscribed seed funding round. The round was co-led by Polychain Capital and Ethereal Ventures, with participation from prominent investors, including Galaxy Vision Hill, Anagram, Amber Group, ABCDE, Ambush Capital, GeekCartel, HashKey Capital, L2 Iterative Ventures (L2IV), SatoshiLab, UpHonest Capital, UTXO Management, and 280 Capital.
Yala’s team raised an $8 million seed round at an undisclosed valuation, funding the expansion of its engineering, growth, and security teams ahead of its mainnet launch. This follows over 2,000 BTC in committed deposits from investors.
Yala’s mission is to unlock Bitcoin liquidity through a protocol that combines stablecoin issuance with multi-chain ecosystems. Its modular architecture supports cross-chain deployments across EVM-compatible platforms like Ethereum and non-EVM systems like Solana, enhancing Bitcoin composability and driving a connected Bitcoin DeFi ecosystem.
Key Investors Highlight Support
“Our strategy is to invest in and support founders in building an ecosystem driven by strong synergies. Through its stablecoin, Yala will bridge the gaps, enabling our Bitcoin ecosystem to thrive with robust liquidity”, said the Polychain Capital Team.
“Yala’s approach addresses the current liquidity gap in the Bitcoin ecosystem. Their first-mover advantage, paired with the excellent execution speed of the team, will unlock new opportunities in BTC-related DeFi innovation. EV is thrilled to be supporting their journey,” added Min Teo, Managing Partner & Co-founder at Ethereal Ventures.
Yala’s Vision
Yala is building a modular infrastructure to deploy cross-chain modules, enhancing Bitcoin composability across ecosystems. The key components of the Yala protocol are:
Overcollateralized Stablecoin Protocol: A Bitcoin-backed stablecoin ensuring security and stability.
MetaMint: Enables minting stablecoins directly from the Bitcoin mainnet on the destination chain.
Insurance Derivatives Service: Provides comprehensive insurance solutions within the DeFi ecosystem.
Yala’s multi-token system aims to boost Bitcoin cross-chain liquidity, featuring $YU (a yield-bearing, Bitcoin-backed stablecoin) and $YALA (the governance token of the Yala ecosystem). $YU allows Bitcoin holders to earn yields across various cross-chain DeFi protocols while preserving the security and stability of the Bitcoin network.
“Yala is revolutionizing Bitcoin’s role in decentralized finance,” said Vicky Fu, Yala Co-founder and CTO. “By issuing Bitcoin-backed stablecoins and creating programmable cross-chain modules, we’re not just enhancing liquidity, but we’re building a bridge that connects Bitcoin to the wider DeFi ecosystem, unlocking unprecedented opportunities for innovation and growth.”
The Road to Mainnet
Yala is set to release its testnet next week, with several key developments planned:
Testnet V0: $YU stablecoin issuance and Pro Mode.
Testnet V1: $YU stablecoin Lite Mode with meta yield.
V1 Release: Insurance module and security upgrades.
V2 Launch: Governance framework initiation.
Yala’s roadmap focuses on building a robust liquidity layer that connects Bitcoin to major Layer 1 and Layer 2 ecosystems. As the team builds momentum toward the mainnet launch, they encourage the community to participate in the upcoming testnet.
For more information and to stay updated on Yala’s progress, visit yala.org
Yala’s team raised an $8 million seed round at an undisclosed valuation, funding the expansion of its engineering, growth, and security teams ahead of its mainnet launch. This follows over 2,000 BTC in committed deposits from investors.
Yala’s mission is to unlock Bitcoin liquidity through a protocol that combines stablecoin issuance with multi-chain ecosystems. Its modular architecture supports cross-chain deployments across EVM-compatible platforms like Ethereum and non-EVM systems like Solana, enhancing Bitcoin composability and driving a connected Bitcoin DeFi ecosystem.
Key Investors Highlight Support
“Our strategy is to invest in and support founders in building an ecosystem driven by strong synergies. Through its stablecoin, Yala will bridge the gaps, enabling our Bitcoin ecosystem to thrive with robust liquidity”, said the Polychain Capital Team.
“Yala’s approach addresses the current liquidity gap in the Bitcoin ecosystem. Their first-mover advantage, paired with the excellent execution speed of the team, will unlock new opportunities in BTC-related DeFi innovation. EV is thrilled to be supporting their journey,” added Min Teo, Managing Partner & Co-founder at Ethereal Ventures.
Yala’s Vision
Yala is building a modular infrastructure to deploy cross-chain modules, enhancing Bitcoin composability across ecosystems. The key components of the Yala protocol are:
Overcollateralized Stablecoin Protocol: A Bitcoin-backed stablecoin ensuring security and stability.
MetaMint: Enables minting stablecoins directly from the Bitcoin mainnet on the destination chain.
Insurance Derivatives Service: Provides comprehensive insurance solutions within the DeFi ecosystem.
Yala’s multi-token system aims to boost Bitcoin cross-chain liquidity, featuring $YU (a yield-bearing, Bitcoin-backed stablecoin) and $YALA (the governance token of the Yala ecosystem). $YU allows Bitcoin holders to earn yields across various cross-chain DeFi protocols while preserving the security and stability of the Bitcoin network.
“Yala is revolutionizing Bitcoin’s role in decentralized finance,” said Vicky Fu, Yala Co-founder and CTO. “By issuing Bitcoin-backed stablecoins and creating programmable cross-chain modules, we’re not just enhancing liquidity, but we’re building a bridge that connects Bitcoin to the wider DeFi ecosystem, unlocking unprecedented opportunities for innovation and growth.”
The Road to Mainnet
Yala is set to release its testnet next week, with several key developments planned:
Testnet V0: $YU stablecoin issuance and Pro Mode.
Testnet V1: $YU stablecoin Lite Mode with meta yield.
V1 Release: Insurance module and security upgrades.
V2 Launch: Governance framework initiation.
Yala’s roadmap focuses on building a robust liquidity layer that connects Bitcoin to major Layer 1 and Layer 2 ecosystems. As the team builds momentum toward the mainnet launch, they encourage the community to participate in the upcoming testnet.
For more information and to stay updated on Yala’s progress, visit yala.org
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Yala completes Seed Round co-led by Polychain Capital and Ethereal Ventures to offer a Bitcoin-backed yield-bearing stablecoin
Leading industry investors join forces to support Yala’s vision of a connected multi-chain ecosystem
https://medium.com/yalabtc/yala-completes-seed-round-co-led-by-polychain-capital-and-ethereal-ventures-to-offer-a-b269e0e306a2
Leading industry investors join forces to support Yala’s vision of a connected multi-chain ecosystem
https://medium.com/yalabtc/yala-completes-seed-round-co-led-by-polychain-capital-and-ethereal-ventures-to-offer-a-b269e0e306a2
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Welcome to Yala, where we bridge Bitcoin liquidity with a meta yield stablecoin, $YU ! Our platform is designed to enhance liquidity and efficiency across ecosystems while empowering Bitcoin holders.
Explore our resources and stay connected with us:
📂 Yala Media Kit
🌐 Website: yala.org
🐦 Yala Twitter
🔗 Yala LinkedIn
💬 Yala Telegram
💬 Yala Discord
📝 Yala Medium
💻 Yala GitHub
📚 Yala Docs
Additional useful links:
🌐 Yala Linktree
🔗 Yala Link3
🚀 Zealy - Yala
📌 TaskOn - Yala
🌌 Galxe - Yala
🔍 SoQuest - Yala
🌐 QuestN - Yala
Stay connected and explore the future of finance with Yala!
Explore our resources and stay connected with us:
📂 Yala Media Kit
🌐 Website: yala.org
🐦 Yala Twitter
🔗 Yala LinkedIn
💬 Yala Telegram
💬 Yala Discord
📝 Yala Medium
💻 Yala GitHub
📚 Yala Docs
Additional useful links:
🌐 Yala Linktree
🔗 Yala Link3
🚀 Zealy - Yala
📌 TaskOn - Yala
🌌 Galxe - Yala
🔍 SoQuest - Yala
🌐 QuestN - Yala
Stay connected and explore the future of finance with Yala!
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2025 Plans:
Wake up → Stake BTC
↑ ↓
Get Berries ← Mint YU
👉 https://x.com/yalaorg/status/1876191389698126237?s=46
Wake up → Stake BTC
↑ ↓
Get Berries ← Mint YU
👉 https://x.com/yalaorg/status/1876191389698126237?s=46
X (formerly Twitter)
Yala (@yalaorg) on X
2025 Plans:
Wake up → Stake BTC
↑ ↓
Get Berries ← Mint YU
Wake up → Stake BTC
↑ ↓
Get Berries ← Mint YU
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A few days late, but better late than never!
If you're curious about what team Yala got up to in December, check out our update below 👇
https://blog.yala.org/yala-updates-december
(Spoilers: We launched testnet V2 which has seen over 410k testnet BTC staked and $17.16B YU minted 🐻❄️)
If you're curious about what team Yala got up to in December, check out our update below 👇
https://blog.yala.org/yala-updates-december
(Spoilers: We launched testnet V2 which has seen over 410k testnet BTC staked and $17.16B YU minted 🐻❄️)
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🚀 Heads up everyone!
We’ve got some exciting events lined up for today and tomorrow ,perfect to learn, engage, and win some rewards!
👉 Today:
🎥 Switchboard X Livestream
Don’t miss it .great insights coming your way.
👉 Tomorrow:
💬 Pendle CN Telegram Text AMA
🎙 TinTinLand CN X Space
Get ready to tune in, drop your questions, and be part of the conversation. 🔥
Let's show up strong as a community! 💪💫
We’ve got some exciting events lined up for today and tomorrow ,perfect to learn, engage, and win some rewards!
👉 Today:
🎥 Switchboard X Livestream
Don’t miss it .great insights coming your way.
👉 Tomorrow:
💬 Pendle CN Telegram Text AMA
🎙 TinTinLand CN X Space
Get ready to tune in, drop your questions, and be part of the conversation. 🔥
Let's show up strong as a community! 💪💫
X (formerly Twitter)
Switchboard ⚡️ (@switchboardxyz) on X
📺 Livestream alert 📺
⏰ Tomorrow 11:00AM EST
🎙️ Two @circle vets go deep on Bitcoin, Solana, stablecoins, RWAs, and more.
⚡️ @hermidao1 from @switchboardxyz
🏔️ @VickyXAI from @yalaorg
Don’t miss it.
⏰ Tomorrow 11:00AM EST
🎙️ Two @circle vets go deep on Bitcoin, Solana, stablecoins, RWAs, and more.
⚡️ @hermidao1 from @switchboardxyz
🏔️ @VickyXAI from @yalaorg
Don’t miss it.
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What you price expectations per $YALA
Anonymous Poll
20%
0.1$ and less than 0.1$ >
13%
0.1$ ~ 1$
53%
1$ ~ 10$
13%
10$ and more than 10$ <
The Season 1 $YALA Airdrop Claim Window is now closed ✅
But Season 2 is already ongoing! Yala Season 2 Snapshot ends October 8th, 2025.
Plenty of time to earn Yala points and juicy Berries.
Stay active.
But Season 2 is already ongoing! Yala Season 2 Snapshot ends October 8th, 2025.
Plenty of time to earn Yala points and juicy Berries.
Stay active.
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The Yala Bridge Tool Levels Up 🌉
$YALA is now supported on the Yala Bridge Tool.
Effortlessly bridge your $YALA across Ethereum, Base & BNB Chain in just a few clicks.
app.yala.org/bridge
$YALA is now supported on the Yala Bridge Tool.
Effortlessly bridge your $YALA across Ethereum, Base & BNB Chain in just a few clicks.
app.yala.org/bridge
Yala + @NX_Finance = Supply & Leverage $YU
Supply $YU on NX Finance via the Yala DeFi Marketplace to earn lending yields, unlock leverage & farm Yala ecosystem Berries.
↓
https://x.com/yalaorg/status/1958861746883764353?s=46
Supply $YU on NX Finance via the Yala DeFi Marketplace to earn lending yields, unlock leverage & farm Yala ecosystem Berries.
↓
https://x.com/yalaorg/status/1958861746883764353?s=46
Yala Yield Madness #01: Pendle
Our Space series is back this Wednesday, 12pm UTC, with @pendle_fi to talk all things yield.
Looking for exclusive yield insights? Look no further. Expect pure alpha on PT/YT yield, Boros, cross-chain growth & more.
Where there's yield, there's Pendle.
👉https://x.com/yalaorg/status/1959948979657158927
Our Space series is back this Wednesday, 12pm UTC, with @pendle_fi to talk all things yield.
Looking for exclusive yield insights? Look no further. Expect pure alpha on PT/YT yield, Boros, cross-chain growth & more.
Where there's yield, there's Pendle.
👉https://x.com/yalaorg/status/1959948979657158927
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