cryptonews.net
18 March 2026 11:17, UTC
Ark Labs, developer of open programmable finance tools, has raised $5.2 million in a seed round led by Tether. The round also included Ego Death Capital, Epoch VC, Lion26, Sats Ventures and Contribution Capital, with additional participation from Anchorage Digital and former PayPal executive Ralph Ho.
The funding brings total institutional support for the company to more than $7.7 million, following an earlier pre-seed round backed by Draper Associates, Fulgur Ventures and Axiom Capital.
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Ark Labs is building infrastructure for programmable transactions on Bitcoin. Its core product, Arkade, is an execution layer that allows wallets, fintech platforms and financial institutions to run instant and conditional payments. The system has been live since October 2025, with early partners already working on payments, lending and cross-network settlement.
The new capital will be used to grow the team, improve developer tools and support partner integration.
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