Woofun AI reports that Glacis Labs has completed a $6.8 million seed funding round led by Lightspeed Faction. The investment round also includes participation from Franklin Templeton, Coinbase Ventures, A.GAIN, Protein Capital, and Techni Ventures.

The capital will support the development of the ZeroDelta multi-chain clearing platform. This system aims to reduce counterparty risk by matching, netting, and settling cross-chain digital asset transfers.