Boundary Finance raises $2M in pre-seed funding led by Galaxy Ventures to build verifiable stablecoin
Summary
Boundary Finance has raised $2 million in a pre-seed round led by Galaxy Ventures to develop USBD, a stablecoin engineered for institutional use. Distinguishing itself from existing market leaders, USBD features daily on-chain reserve audits, delta-neutral hedging strategies, and a yield-bearing counterpart called sUSBD. Built with embedded KYC and KYB compliance, the project aims to attract regulated entities like family offices and asset managers. The company plans to launch on the Ethereum mainnet in summer 2026, targeting $100 million in total value locked by year-end.
(Source:Crypto Briefing)