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Sky Ecosystem leads $13.5 million round for Stablewatch-incubated stablecoin yield startup Osero

TB
The Block Editorial
(03:00 PM UTC)
1 min read
JM
Reviewed byJames Mitchell

Osero, a stablecoin yield infrastructure startup incubated by Stablewatch, has raised $13.5 million in a funding round led by the Sky Ecosystem (formerly MakerDAO) as it looks to expand adoption of Sky’s stablecoin products.

Plasma, the developer of a Layer 1 blockchain focused on stablecoin payments, co-led the round, while RedStone, The Rollup, Kairos Research, Maple co-founder Joe Flanagan…

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