COINOTAG News reports, citing official sources, that the DeFi protocol YO Protocol, developed by YO Labs, has secured a $10 million Series A round led by Foundation Capital, with participation from Coinbase Ventures, Scribble Ventures, and Launchpad Capital.
Described as a unified rewards layer, YO Protocol enables crypto and fintech firms to access an optimized, risk-aware rewards program through a single integration.
The new capital is earmarked to accelerate product development, expand the partner ecosystem, and strengthen risk-management capabilities, signaling growing investor demand for integrated rewards solutions in the DeFi and fintech arenas.
Source: https://en.coinotag.com/breakingnews/yo-protocol-secures-10m-series-a-led-by-foundation-capital-with-coinbase-ventures-scribble-ventures-and-launchpad-capital-a-unified-rewards-layer-for-crypto-and-fintech
