Sky Ecosystem leads $13.5 million round for Stablewatch-incubated stablecoin yield startup Osero
The Block
Stablecoin yield startup Osero raised $13.5 million, led by the Sky Ecosystem, to expand adoption of its stablecoin products.Summary
Osero, a startup incubated by Stablewatch, has secured $13.5 million in a funding round led by the Sky Ecosystem. The startup aims to broaden the reach of Sky's USDS and sUSDS stablecoins through three core products: an app for retail access, an earn service for institutional integrations, and a foundry for tokenization. A significant portion of the capital, $10 million, is allocated as a reserve buffer to mitigate potential risks for users and the Sky Protocol.
(Source：The Block)