Woofun AI reports that cryptocurrency clearing startup Glacis Labs has finalized a $6.8 million seed financing round. The investment was led by Lightspeed Faction, with participation from Franklin Templeton, Coinbase Ventures, A.GAIN, Protein Capital, and Techni Ventures, utilizing an equity plus token warrant structure.

The capital will primarily fund the expansion of the ZeroDelta platform and support growth in engineering, compliance, and market teams. ZeroDelta operates as a multi-chain clearing platform facilitating matching, net settlement, and final settlement of cross-blockchain digital assets, currently focusing on stablecoins and having processed over $1 billion in transaction volume to date.