Unto Labs Raises $14.4M From Framework & Electric: Boosting DeFi Innovation

Crypto startup Unto Labs has secured a substantial $14.4 million funding round led by leading venture capital firms, Framework Ventures and Electric Capital. This investment signifies significant progress for the project founded by Will Yoo and Liam Heegar who aim to revolutionize decentralized finance (DeFi). 💰 While the funding is currently expected to impact future development of their products without immediate asset-specific disclosures, experts believe this strategic backing from established crypto VC firms could significantly boost the project’s credibility. 🚀