Glacis Labs closed a $6.8 million seed round to scale ZeroDelta, its multichain non-custodial clearinghouse. The round was led by Lightspeed Faction, with Franklin Templeton, Coinbase Ventures, Again, Protein Capital, and Techni Ventures also writing checks.
What ZeroDelta actually does
ZeroDelta works across more than 40 different blockchain networks without ever taking custody of assets. Traditional clearinghouses act as middlemen between buyers and sellers, guaranteeing that both sides of a trade settle properly. ZeroDelta does something similar for stablecoins, but replaces the trusted intermediary with cryptographic receipts and atomic delivery.
When you move stablecoins through ZeroDelta, the system ensures the transaction either completes fully or doesn’t happen at all. No partial fills, no slippage, no praying that your funds arrive on the other side of a bridge.
The platform supports major stablecoins including USDC, USDT, and USDe. It has processed over $1 billion in lifetime transaction volume and is currently running at an annualized rate of $1.5 billion. For a company that raised just $2.1 million in its previous round back in May 2024, that volume-to-funding ratio is notable.
