Summary
Glacis Labs raised a $6.8M seed round to scale ZeroDelta, its multichain clearing layer for digital assets. The round was led by Lightspeed Faction, with participation from Franklin Templeton, Coinbase Ventures, Again (formerly IDC Ventures), Protein Capital, and Techni Ventures. ZeroDelta has settled more than $1B in digital asset volume and is operating at a $1.5B annualized run rate across 40+ blockchain networks.
ZeroDelta is designed to match, net, and settle digital asset flows across blockchain networks, reducing unnecessary asset movement while making settlement more predictable for institutions operating across multiple environments. The company's broader platform combines ZeroDelta with cross-chain messaging and routing infrastructure. The investor list is notable: Franklin Templeton signals traditional asset manager interest in settlement infrastructure, while Coinbase Ventures adds crypto-native validation.
Key Facts
- Funding: $6.8M seed round
- Lead: Lightspeed Faction
- Participants: Franklin Templeton, Coinbase Ventures, Again, Protein Capital, Techni Ventures
- Product: ZeroDelta — multichain clearinghouse for digital assets
- Volume settled: $1B+; annualized run rate: $1.5B
- Networks: 40+ blockchain networks
- Platform: ZeroDelta + cross-chain messaging and routing infrastructure
- Purpose: match, net, and settle digital asset flows across chains
- Target: institutions operating across stablecoins, tokenized assets, digital asset flows
- CEO: Jacob Blish; Co-founder: Sam Patel
- New York-based company
Why It Matters
Glacis Labs represents a shift in crypto infrastructure investing — from protocols and consumer applications to the operational plumbing that makes digital asset markets behave like mature financial infrastructure. As stablecoins, tokenized assets, and institutional digital finance expand, settlement becomes a core operating constraint. The participation of Franklin Templeton alongside Lightspeed Faction and Coinbase Ventures signals convergence between traditional asset managers and crypto-native investors around settlement infrastructure.