YO Labs has completed a $10 million Series A funding round, with Foundation Capital as the lead investor.

BlockBeats News, December 14, according to CoinDesk, the development team behind the crypto yield optimization protocol YO Protocol, YO Labs, announced that it has completed a $10 million Series A funding round. The round was led by Foundation Capital, with participation from Coinbase Ventures, Scribble Ventures, and Launchpad Capital. To date, the total funding raised by the project has reached $24 million. The company plans to use this funding to expand the protocol to more blockchains and enhance its infrastructure.