On July 16, cryptocurrency asset clearing agency Glacis Labs completed a $6.8 million seed round financing, led by Lightspeed Faction, with participation from Franklin Templeton, Coinbase Ventures, A.GAIN, Protein Capital, and Techni Ventures. This round of financing was initiated at the end of last year and completed in March this year, conducted as a single round. As part of the transaction, Lightspeed Faction received a non-voting board observer seat.
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