Helix Labs announced the completion of a $2 million Pre-Seed round financing at a valuation of $40 million, with participation from well-known investors such as Tribe Capital, EMURGO Ventures, Taureon Capital, LD Capital, and Double Peak Group. Helix Labs provides yield opportunities for non-ETH L1 asset holders through re-staking and supports the development of the MoveVM rollup. This technology will unlock approximately $12 billion in liquidity for the Cardano ecosystem, allowing ADA holders to stake while receiving liquid-staked ADA and bridge assets to Movement. Additionally, Helix Labs announced its participation in the Move Collective accelerator program by Movement Labs.

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<p>According to Deep Tide TechFlow, Helix Labs has announced the completion of a $2 million Pre-Seed funding round at a valuation of $40 million, with notable investors including Tribe Capital, EMURGO Ventures, Taureon Capital, LD Capital, and Double Peak Group.</p>
<p>It is reported that Helix Labs provides yield opportunities for non-ETH L1 asset holders through re-staking and supports the development of MoveVM rollups. This technology will unlock approximately $12 billion in liquidity for the Cardano ecosystem, allowing ADA holders to stake while obtaining liquid-staked ADA, and enabling asset bridging to Movement.</p>
<p>Additionally, Helix Labs has announced its participation in the Move Collective accelerator program by Movement Labs.</p>
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Helix Labs completed a $2 million Pre-Seed funding round, with participation from Tribe Capital and others.