Frontera Labs, the developer of the Strata protocol, has raised $3 million in a seed round. Based in London, the team will use the funding to further develop Strata, a decentralized finance (DeFi) protocol. Strata focuses on structuring onchain yields into senior and junior tranches, according to reports. The funding aims to support the expansion of the protocol and its functionalities within the DeFi space.

Frontera Labs, the developer of the Strata protocol, has raised $3 million in a seed round. Based in London, the team will use the funding to further develop Strata, a decentralized finance (DeFi) protocol. Strata focuses on structuring onchain yields into senior and junior tranches, according to reports. The funding aims to support the expansion of the protocol and its functionalities within the DeFi space.