Resolv Labs, a UAE-based decentralized finance (DeFi) startup, has announced the successful closure of a $10 million seed funding round. The round was co-led by Cyber.Fund and Maven11, with participation from top-tier investors such as Coinbase Ventures, SCB Limited, Arrington Capital, Animoca Ventures, Gumi Cryptos, NoLimit Holdings, and Robot Ventures.
The company also attracted strong interest in its Contributors Round on Legion, where angel investors and early believers helped oversubscribe the target of $500k tenfold, with $600k ultimately allocated.
Resolv Labs is building Resolv, a yield-bearing stablecoin protocol designed to offer users consistent crypto-native returns with minimized risk. This aligns with the growing global demand for “synthetic dollars” — stablecoins that deliver yield while maintaining price stability by aggregating decentralized investment strategies. The protocol currently supports two core tokens:
- USR, a stablecoin designed to offer steady returns while shielding holders from volatility, ideal for low-risk investors.
- RLP, a higher-risk token with a floating price, representing the insurance layer of the system and suitable for yield-seeking users with a higher risk appetite.
Speaking to CoinDesk, Ivan Kozlov, founder and CEO of Resolv Labs, said: “I view stablecoins as the perfect rails for yield distribution. This may actually become larger than transaction stablecoins like [Tether’s] USDT in the future.”
According to data from DeFiLlama, the total value locked (TVL) in the Resolv protocol has already reached $434 million, reflecting increasing trust in the protocol’s infrastructure and growth potential.
The announcement comes amid rising industry momentum around yield-generating stablecoins like Ethena’s USDe, which currently holds a market value of $4.88 billion. Other emerging Web3 startups like Codex and Cap have recently raised major rounds to develop stablecoin-centric platforms and yield engines, indicating a strong market shift in this direction.
With the fresh capital, Resolv Labs plans to add BTC-based yield strategies, expand to new blockchain networks, and deepen integrations with institutional asset managers and DeFi partners.
The company’s long-term vision is to become a crypto yield powerhouse, offering transparent and secure access to returns at the protocol layer — and enabling builders, users, and institutions to harness the full potential of DeFi, hand-in-hand with some of the sharpest minds in the crypto industry.
