Helix Labs has announced the completion of $2 million in Pre-Seed funding, with a valuation reaching $40 million, with participation from $Tribe Capital, EMURGO Ventures, and Taureon Capital. The protocol unlocks liquidity for Cardano ($ADA) through re-staking, allowing users to stake $ADA and receive liquid staked ADA. Helix Labs will also join the accelerator program of Movement Labs.