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Woofun AI reports that Glacis Labs has closed a $6.8 million seed round to scale ZeroDelta, a multi-chain payment platform, with strategic backing from Franklin Templeton and Coinbase Ventures.
The financing was spearheaded by Lightspeed Faction, while A.GAIN (formerly IDC Ventures), Protein Capital, and The Block also participated in the round. This capital injection is designated for expanding the operational capacity of ZeroDelta, which facilitates stablecoin transactions across disparate networks.
Structurally, the platform addresses interoperability gaps within blockchain complexity, enabling seamless movement of assets across Ethereum, Solana, and Polygon. By abstracting technical hurdles, ZeroDelta aims to streamline how merchants and users settle payments without navigating fragmented infrastructure.
Per Woofun AI, the involvement of Franklin Templeton, which manages over $1.5 trillion in assets under management, underscores institutional confidence in crypto-native rails. The asset manager previously demonstrated this commitment by launching an on-chain money market fund in 2021.
A more critical variable is the surge in demand driven by remittances, cross-border B2B payments, and decentralized finance (DeFi) activity. Current market friction forces users to manage multiple wallets and bridges, as most existing solutions support only limited blockchain networks.
ZeroDelta positions itself as a single integration point for businesses, potentially reducing settlement times and costs compared to traditional payment networks. This focus on underlying infrastructure rather than consumer applications marks a strategic bet on the next generation of digital payment systems.