Nara: Closes $500K Pre-Seed from YZi Labs
Nara secures $500K pre-seed from YZi Labs after Bhutan residency, pitching to CZ Binance and King for September PayFi launch.
SourceAnalysis
Nara closed a $500K pre-seed round from YZi Labs, the former Binance Labs vehicle, following its 10-week run at EASY Residency Season 4 in Bhutan. The team pitched the yield-bearing PayFi infrastructure directly to CZ Binance, His Majesty the King of Bhutan, and a cohort of digital-asset investors on demo day. The capital and network refine the product for the public September launch backed by real payment and receivables flows.
Jakob K
@JKronbichlerCofounder & CEO Clearpool 🏊♂️ & Ozean 🌊 @ClearpoolFin | Building the blockchain for RWAs