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The on-chain yield platform Altura has completed a $4 million funding round, led by Ascension.
GateNews
ChainCatcher news, the on-chain yield platform Altura has completed a $4 million financing round, led by Ascension, with participation from European private equity leaders Moonfare, InnoFinCon, and others. Altura operates a single on-chain vault that employs a market-neutral strategy to generate stable returns. Users deposit stablecoins, and the vault earns protocol income through capturing arbitrage opportunities between exchanges, hedging positions for funding income, and rotating collateral into safe yield assets.
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