Thala Labs is a decentralized financial firm founded in 1999, focusing on developing DeFi applications on the Aptos blockchain, with a special emphasis on a new decentralized stablecoin. The company's slogan is "Pioneering decentralized finance applications on the Aptos blockchain with a new decentralized stablecoin." The latest milestone for Thala Labs was achieved through a $6.00M Seed Round investment on 27th October 2022. The investment was backed by prominent firms such as Shima Capital, Kenetic Trading, Ledgerprime, ParaFi Capital, Infinity Ventures Crypto (IVC), White Star Capital, Double Peak Group, Karatage, and Serafund. Thala Labs operates within the Blockchain and Crypto industries, aiming to push the boundaries of decentralized finance through innovative technologies and robust partnerships.
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