💰 RootData Funding Report (4/16) - @neutrl_labs
🚀 @neutrl_labs has raised $5M in a seed round to develop a high-yield synthetic dollar backed by scalable, market-neutral arbitrage strategies across altcoin markets.
The round was led by @Accomplices and @stix_co, with backing from @ambergroup_io, @nascentxyz, @FigmentCapital and others — an investor group uniquely aligned with neutrl’s thesis of building a stable, yield-generating asset layer rooted in real, off-chain trading strategies.
· Accomplice, a venture firm and modern family office, brings long-term capital and deep strategic guidance—valuable for neutrl’s positioning as a capital-efficient stable yield product that sits at the intersection of DeFi and institutional-grade structured finance.
· STIX, as a leading OTC platform specializing in illiquid token deals and crypto equity sales, is especially well-positioned to support neutrl’s execution infrastructure. Their experience in off-exchange liquidity sourcing and compliant deal structuring adds credibility and depth to neutrl’s underlying arbitrage engine.
· Amber Group contributes a global institutional footprint and robust trading infrastructure, offering neutrl access to real-time execution, cross-venue liquidity, and macro strategy insight. Their backing helps bridge neutrl into a broader network of high-volume, low-risk strategies typically reserved for trading desks.
· Nascent, known for backing high-conviction, early-stage crypto primitives, brings expertise in product-market fit for financial protocols, and can support neutrl in designing mechanisms that balance yield, composability, and long-term sustainability.
· Figment Capital, with roots in staking and PoS infrastructure, complements neutrl’s potential future integrations with onchain yield sources or staking-based collateral. Their network and technical experience offer valuable support should neutrl expand toward hybrid on-off chain yield generation models.
💡 Together, this syndicate equips neutrl with the trading depth, operational credibility, and capital strategy needed to build a robust, scalable synthetic dollar—offering users stable, uncorrelated returns powered by real-world arbitrage rather than inflationary tokenomics.