The on-chain yield platform Altura has completed a $4 million financing round, led by Ascension. According to ChainCatcher, the on-chain yield platform Altura has completed a $4 million financing round, led by Ascension, with participation from European private equity leaders Moonfare, InnoFinCon, and others. Altura operates a single on-chain vault, employing a market-neutral strategy to generate stable returns. Users deposit stablecoins, and the vault earns protocol revenue through capturing inter-exchange price differences, obtaining funding income by hedging positions, and rotating collateral into safe yield assets.
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The on-chain yield platform Altura has completed a $4 million financing round, led by Ascension. According to ChainCatcher, the on-chain yield platform Altura has completed a $4 million financing round, led by Ascension, with participation from European private equity leaders Moonfare, InnoFinCon, and others. Altura operates a single on-chain vault, employing a market-neutral strategy to generate stable returns. Users deposit stablecoins, and the vault earns protocol revenue through capturing inter-exchange price differences, obtaining funding income by hedging positions, and rotating collateral into safe yield assets.