Stablecoin yield infrastructure project Osero has raised $13.5 million in a funding round co-led by Sky Ecosystem, formerly known as MakerDAO, and Plasma, according to a report from The Block. The round also saw participation from RedStone, The Rollup, and Kairos Research. The capital will be directed toward integrating Sky Ecosystem’s stablecoin, USDS, into Osero’s yield protocol.
Funding Details and Strategic Direction
The $13.5 million raise signals continued institutional appetite for infrastructure that generates yield from stablecoins, a sector that has grown rapidly as decentralized finance (DeFi) matures. Osero’s protocol focuses on optimizing yield strategies for stablecoin holders, and the integration of USDS is expected to expand the range of yield-generating opportunities available to users.
Sky Ecosystem, formerly MakerDAO, is one of the most established players in the DeFi space, having pioneered the DAI stablecoin. Its rebranding to Sky and the launch of USDS represents a strategic pivot toward a more integrated ecosystem of stablecoins and lending products. Plasma, the other co-lead, is a known investor in DeFi infrastructure projects.
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