Stablecoin yield infrastructure project raises $13.5M in round led by Sky Ecosystem
Summary
Osero, a stablecoin yield infrastructure project incubated by Stablewatch and Soter Labs, has secured $13.5 million in a funding round led by Sky Ecosystem and co-led by Plasma. The capital will support the launch of Osero's three primary offerings: Osero Earn, which allows platforms to integrate the Sky Savings Rate; Osero App, for direct user access; and Osero Foundry, for onchain yield product management. The funds will specifically facilitate capital requirements and underwriting for the initial deployments within Osero Foundry, adhering to risk frameworks similar to the Sky Protocol’s assessment process.
(Source:CoinDesk)