The crypto yield optimization protocol YO Labs has completed a $10 million Series A financing, led by Foundation Capital

According to CoinDesk, the development team behind the crypto yield optimization protocol YO Protocol, YO Labs, has announced the completion of a $10 million Series A funding round, led by Foundation Capital, with participation from Coinbase Ventures, Scribble Ventures, and Launchpad Capital. To date, its total funding has reached $24 million.

The company plans to use this funding to promote the protocol to more blockchains and improve its infrastructure.