LayerBank has completed a $2.3 million Pre-Seed funding round, with participation from Taiko and others.
By: theblockbeats.news|12/05/2025 12:46:00
0
Share
Prefer us on Google
BlockBeats News, December 5th: DeFi platform LayerBank has completed a $2.3 million Pre-Seed funding round. Investors in this round include Move Industries CEO Torab Torabi, the Coin Bureau Chinese team, DVchain, Taiko, Rootstock, as well as several well-known angel investors and ecosystem contributors.
This funding will be used to support the development and launch of ULAB. As LayerBank's native token, ULAB is at the core of the platform's long-term value capture and incentive mechanism. The token adopts a ve-style reward, fee feedback, continuous repurchase, and lock-up mechanism, binding user engagement and platform growth depth from day one.
At the same time, the funds will also help LayerBank advance its product roadmap, creating more intuitive, automated, user-centric DeFi tools that allow users to easily engage in complex yield strategies through a simple interface.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
LayerZero Stops Providing Off-Chain Services for 13 Low-Activity Blockchains
Taiko DAO Submits Contract Upgrade Proposal to Fix Cross-Chain Bridge Vulnerability
The Taiko network has resumed operation, and cross-chain bridge assets have been restored to full 1:1 support
According to official news, Taiko stated that the network has resumed online, and user assets have not been lost. Currently, the second and third steps of the cross-chain bridge related repairs have been completed, and the assets within the bridge have been restored to a 1:1 full support correspondi...
Taiko: The attack path on June 21 has been blocked, and the network will be restarted in four steps
The Ethereum Layer2 project Taiko announced that the attack path that occurred on June 21 has been blocked, and the related fixes have been reviewed by independent security experts, ensuring that user funds will not suffer losses.The team has developed a four-step restart plan: the first step is to ...
Taiko released a security incident update, initiated testing of the repair plan, and will complete full collateralization of bridging assets before the restart
The Ethereum Layer2 project Taiko has released the latest developments on the security incident, stating that this incident will not result in any loss of user funds. Currently, the bridged assets are in a state of insufficient collateral, and all additional collateral will be completed before the b...
Taiko updates on the theft progress, the cause of the attack has been identified, and they are cooperating with CEX and security companies to recover the stolen assets
Taiko officially stated on X: "We have identified the root cause of this attack and are currently developing a fix to restore the blockchain's online operation as soon as possible. At the same time, we are working closely with major exchanges and security partners to track and freeze the hacker's as...
Taiko has thoroughly identified the root cause of the attack incident and developed a remediation plan
Taiko official announcement, the root cause of the attack has been thoroughly investigated, and the team has developed a remediation plan to safely restore blockchain operations in the coming days.Priority will be given to addressing the issues of affected users, and discussions will be held with th...
Taiko ERC20 Vault was attacked, resulting in losses exceeding 1 million dollars
According to monitoring by Blockaid, Taiko's ERC20 Vault on Ethereum was attacked, resulting in losses exceeding 1 million dollars. The root of the vulnerability lies in the flawed verification of source signal proofs in Taiko's cross-chain bridge, where the constructed message proof was accepted as...
All Proposers of Taiko have suspended block production and are investigating the incident of the chain state verification mechanism being compromised
Taiko posted on platform X stating that all Proposers (nodes responsible for producing new blocks) have suspended block production. Taiko mentioned that the team is currently investigating the breach of the chain state validation mechanism and is continuously assessing the scope of the incident's im...
Boundless has released a project progress report, becoming the largest fully decentralized ZK Proof network at scale
BlockBeats News, March 7th, Boundless Official Article stated that since the beginning of the year, its network has made significant progress in multiple dimensions and has become the largest fully decentralized ZK proof network to date.According to the official update, since January 2026, Boundless...
![[Digital Bill of Rights③] Money Written by AI, "Make it Usable in Real Life"](/public-static/052_26710392f0.png?format=avif)
[Digital Bill of Rights③] Money Written by AI, "Make it Usable in Real Life"
![[Digital Bill of Rights②] The Success of Digital Dollar Comes from Competition](/public-static/078_4d1ce66fab.png?format=avif)
[Digital Bill of Rights②] The Success of Digital Dollar Comes from Competition
The NFT party is over and everybody now owes storage rent
NFT marketplace closures expose who keeps digital art alive, from collectors paying hosting bills to conservators preserving software.
Costa Rica warns about crypto assets in political financing and strengthens its controls
Saylor: The era of intelligence and digital assets needs a bill of rights
Washington has $114 billion reasons to want Tether around
Tether went from fighting US regulators over its reserves to becoming a major Treasury buyer with growing geopolitical value.
How Crypto Stopped Waiting for Congress and Learned to Love the Regulators
Balancer fork’s 6 million BAL ask could cut holders’ redemption value
A Balancer fork seeks up to 6 million BAL. If granted tokens become eligible before the wind-down snapshot, existing holders’ redemption share could shrink.
FinCEN Expands AI Fraud Loophole in the USA by Eliminating Controls
Strategy Plans to Distribute Bitcoin Treasury Dividends Daily
Sharplink CEO: The Future of the Smart Economy
Even if the world is full of agents, it means nothing as long as a few companies can still decide where your money can flow.
Fed stablecoin proposal would make circulation a capital cost for supervised issuers
Fed stablecoin proposal: A covered issuer with $1 billion outstanding would start with a $20 million capital charge before adjustments.
Shielded Bitcoin: the proposal that aims to bring privacy without changing BTC's code
End of Bets in Brazil: What Changes and What Are the Next Steps
Galaxy Research: CFTC's 'Mention Markets' Guidance Highlights Structural Manipulation Risks in Individual Speech Predictions
What is CBDC? Governments Push for Development of Central Bank Digital Currencies
Why cash hoarding in the UK proves the world still craves permissionless money
Cash made up just 8% of UK payments in 2025, yet demand for banknotes shows why people still value an offline financial backup.
OG.com Submits Application for US Stock Perpetual Contracts to CFTC Following Coinbase, Kalshi, and Kraken's Parent Company Payward
Crypto: $2.1 trillion evaporated, on-chain economy only loses 1.6%
Despite $2.1 trillion in evaporated capitalization over a year, the crypto economy only declines by 1.6% according to Chainalysis.
Trump Rejects Iran Ceasefire, Expects Bombing After Midterms: Will Oil and Bitcoin Hold?
LayerZero Stops Providing Off-Chain Services for 13 Low-Activity Blockchains
Taiko DAO Submits Contract Upgrade Proposal to Fix Cross-Chain Bridge Vulnerability
The Taiko network has resumed operation, and cross-chain bridge assets have been restored to full 1:1 support
According to official news, Taiko stated that the network has resumed online, and user assets have not been lost. Currently, the second and third steps of the cross-chain bridge related repairs have been completed, and the assets within the bridge have been restored to a 1:1 full support correspondi...
Taiko: The attack path on June 21 has been blocked, and the network will be restarted in four steps
The Ethereum Layer2 project Taiko announced that the attack path that occurred on June 21 has been blocked, and the related fixes have been reviewed by independent security experts, ensuring that user funds will not suffer losses.The team has developed a four-step restart plan: the first step is to ...
Taiko released a security incident update, initiated testing of the repair plan, and will complete full collateralization of bridging assets before the restart
The Ethereum Layer2 project Taiko has released the latest developments on the security incident, stating that this incident will not result in any loss of user funds. Currently, the bridged assets are in a state of insufficient collateral, and all additional collateral will be completed before the b...
Taiko updates on the theft progress, the cause of the attack has been identified, and they are cooperating with CEX and security companies to recover the stolen assets
Taiko officially stated on X: "We have identified the root cause of this attack and are currently developing a fix to restore the blockchain's online operation as soon as possible. At the same time, we are working closely with major exchanges and security partners to track and freeze the hacker's as...
...
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
