Thala Labs
Thala Labs is building an over-collateralized, decentralized stablecoin, first for the Aptos blockchain. When launched, our over-collateralized stablecoin, Move Dollar (or “MOD”), will be focused on solving the aforementioned trilemma.
Thala is concurrently developing other products to ensure MOD’s ubiquity on the Aptos blockchain. These include an AMM, with preferential fees and features to pools that integrate MOD, and a launchpad that will incentivize all Aptos projects to diversify their treasury assets into MOD. By launching products that are deeply synergistic with MOD and focusing on day one integrations, our stablecoin can become a fundamental pillar of the Aptos DeFi ecosystem.
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Key Info
- 2021 Founded
- 6.10M Total Funding Raised
- Dubai
- 6 Employees
- •••••••••
Credibility
LinkedIn Verified
News
There are no recent news for this organization.
Activity Timeline
- Raisedfrom undisclosed investor.$100.00K
Feb 10, 2023
- Raisedfrom$6.00M, and Vincent Rong.
Oct 25, 2022
- Raisedfrom undisclosed investor.$12.00M
May 01, 2022
Team
Investments
Round | Amount Raised | Date | Investors |
---|---|---|---|
Series A | Raised $100,000 | Feb 10, 2023 | |
Seed | Raised $6,000,000 | Oct 25, 2022 | |
Seed | Raised $12,000,000 | May 01, 2022 |