LYS Labs, a developer of intelligent solutions for blockchain finance, has completed a $4M funding round. These funds will be directed toward creating critical infrastructure for data processing in the Solana ecosystem.
Investment in LYS Labs
LYS Labs raised $2M in an angel round and an additional $2M in a seed round. Investors include noted figures from the crypto industry and institutional players, including Michael Heinrich of 0G Labs and Piers Kicks of Delphi.
Data Transformation for Machine Analysis
The company began operations in November 2023, initially focusing on the EVM ecosystem before switching to Solana. LYS Labs is developing solutions for processing unstructured data, turning it into actionable insights. This will enable AI agents to operate more efficiently in the financial sector.
Expansion Plans and Infrastructure Development
LYS Labs plans to expand across multiple chains, creating support for machine operations on various blockchains. The company's focus is on building infrastructure to capture data and optimize processes in machine finance.
LYS Labs aims to transform blockchain financial services through streaming structured data processing. This could significantly increase market efficiency and lead to new financial products.
