Frontera Labs, a research and development firm specializing in blockchain, has secured a $3 million seed round led by Maven 11 Capital, with Lightspeed Faction also investing significantly, as stated in a press release on Tuesday.
Participating in the funding round were Halo Capital, Heartcore Capital, Anchorage Digital Ventures, Nayt Technologies, Split Capital, along with several angel investors.
Frontera Labs is developing Strata, a generalized risk-tranching protocol that consolidates on-chain and off-chain yield strategies into tokenized senior and junior tranches, each featuring unique risk-return profiles.
This design seeks to provide capital allocators with enhanced precision in risk exposure while optimizing capital efficiency and scaling the underlying yield strategies.
As decentralized finance (DeFi) evolves from being supply-driven to demand-driven, Strata aims to attract investors looking for risk-optimized yields that align more closely with their investment mandates.
The team asserts that its model is crafted to foster a more inclusive and institution-ready yield market by segregating risk into tranches instead of compelling all depositors into a uniform profile.
Originally accelerated by Ethena and supported early on by the Ethena Foundation, Strata debuted its first structured products on Ethena’s USDe on the Ethereum mainnet in October 2025 and currently boasts more than $210 million in total value locked (TVL), as per the company’s report.
Its modular, chain-agnostic framework is built to extend beyond USDe to encompass a wider array of USD and non-USD assets throughout diverse ecosystems, including managed yield vaults and real-world asset strategies.
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