Thala Labs

Thala Labs

Thala Labs is building an over-collateralized, decentralized stablecoin, first for the Aptos blockchain. When launched, our over-collateralized stablecoin, Move Dollar (or “MOD”), will be focused on solving the aforementioned trilemma. Thala is concurrently developing other products to ensure MOD’s ubiquity on the Aptos blockchain. These include an AMM, with preferential fees and features to pools that integrate MOD, and a launchpad that will incentivize all Aptos projects to diversify their treasury assets into MOD. By launching products that are deeply synergistic with MOD and focusing on day one integrations, our stablecoin can become a fundamental pillar of the Aptos DeFi ecosystem.

Key Info

  • 2021 Founded2021 Founded
  • 6.10M Total Funding Raised6.10M Total Funding Raised
  • DubaiDubai
  • 6 Employees6 Employees
  • LinkedIn•••••••••
    Lock Closed
  • Web3 Address

Credibility

LinkedIn Verified
LinkedIn Verified

News

There are no recent news for this organization.

Activity Timeline

Team

Investments

Round
Amount Raised
Date
Investors
Series A
Raised $100,000
Feb 10, 2023
Seed
Raised $6,000,000
Oct 25, 2022
Seed
Raised $12,000,000
May 01, 2022

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