Venture Capital

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YO Labs, the team behind the YO Protocol, has secured $10 million in Series A funding to expand its cross-chain crypto yield optimization platform. The investment, led by Foundation Capital, aims to enhance infrastructure and broaden blockchain support. The protocol automates yield generation across DeFi protocols while prioritizing risk management.

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Venture capitalists invested $155 million in 14 crypto startups this week, pushing yearly totals to nearly $25 billion. This marks a 160% increase from last year, surpassing analyst expectations. Key backers range from crypto specialists to traditional finance giants.

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