Dubai – Sharikat Mubasher: UAE-based Resolv Labs, the company behind the decentralized finance protocol Resolv, raised $10 million in seed funding to grow its crypto-native yield platform and its stablecoin, USR.
The round was led by Cyber.Fund and Maven11, with participation from Coinbase Ventures, Arrington Capital, Animoca Ventures, and others, as per a recent press release.
Launched in September 2024, Resolv has quickly become a key player in the emerging trend of yield-bearing stablecoins—digital assets pegged to the dollar but designed to generate returns. Its USR token offers predictable yield while limiting risk for holders through a two-layer structure inspired by traditional finance.
Despite recent market downturns reducing its total value locked from over $600 million to $450 million, the protocol remains one of the more active platforms in the DeFi space.
With fresh capital, Resolv plans to expand into bitcoin-based strategies, strengthen ties with institutional players, and launch on additional blockchains to reach a broader audience.
