Resolv Labs raises $ 10m as an appetite for crypto investors for yield-bearing stablecoins soars
Resolv labs, the firm behind $ 450 million decentralized finances (Defi) Protocol Resolv, closed a $ 10 million seed seeds to expand the crypto-native and USR Stablecoin yield platform, the team at CoinDesk said in an exclusive interview.
The investment is led by Cyber.Fund and Maven11, with further background from Coinbase Ventures, the subsidiary of Susquehanna’s SCB Limited, Arrington Capital, Gumi Cryptos, Nolimit Holdings, Robot Ventures, Sixoca Ventures and more.
Stablecoins, a $ 230 billion and rapid expansion of the class of cryptocurrencies with the costs of prices at an outdoor possession, gets attention well despite their traditional use of payments and trading. A growing cadre of crypto protocols offers yield-bearing stablecoins or “synthetic dollars,” wrapping different investment techniques in a digital token with a stable price and passing part of the revenue with holders.
“I look at the Stablecoins as the perfect metals for the harvest distribution,” Ivan Kozlov, founder and CEO of Resolv, said in an interview with CoinDesk. “It can actually be bigger than transactions stablecoins like (Tether’s) USDT in the future.”
The most prominent example of the trend is Etha’s $ 5 billion USDE Token, which primarily pursues a delta-neutral position by handling cryptocurrencies such as BTC, ETH and Sol and simultaneous rotation of equal size of eternal futures, scooping the yield from funding rates.
Resolv also pursues a similar approach: the USR token, anchored at $ 1, is a delta-neutral stablecoin designed to deliver steady yield from crypto markets, while holders hold from sharp price swings.
This is achieved by the protocol by dividing the risk between the two layers, inspired by Kozlov’s background into structured products in traditional finance. USR Stablecoin holders sit on the less risky senior tranche who earns a steady but lower yield, with investors at risk at risk in investing in protocol represented by the RLP token with a floating price. This model, borrowed from structured finances, aims to make crypto more predictable without covering decentralization, Kozlov explained.
Following its launch in September 2024, the protocol quickly flew to more than $ 600 million in possessions driven by attractive produce during the crypto rally after the victory in Donald Trump’s election, Data of Defillrama Shut up. However, as the markets became bearish and yielded the compressed, the total amount locked (TVL) also slipped around $ 450 million this month.
Through the new capital increase, Resolv plans to expand yield resources to include Bitcoin (BTC) techniques -based and deepen its integrations with institutional digital asset managers, Kozlov said. The protocol also aims to expand into new blockchains, expanding its reach beyond the early crypto adopters.
