- Cap raises $8M in seed funding, expanding its yield-focused stablecoin engine.
- Franklin Templeton and Triton back Cap’s DeFi push with institutional support.
- Cap blends crypto and traditional tools to generate stablecoin-based interest.
Cap secured $8 million in seed funding to build its stablecoin engine, bringing its total funding to $11 million. The company plans to expand its DeFi offerings by combining traditional financial tools with crypto-native systems to generate passive interest on stablecoins.
According to a report by Phoenix on X, Cap’s seed round was co-led by Franklin Templeton Digital Assets and Triton Capital. Institutional backers included GSR, Flow Traders, Laser Digital, IMC Trading, RockawayX, Superscrypt, Selini Capital, and CMCC Global. The investment follows a $1.1 million community round completed on the Echo platform.
Institutional Participation Underscores Strategic Financial Confidence
Cap plans to generate redeemable stablecoins in multiple denominations to break reliance on endogenous collateral models. The initiative aligns with Cap’s goal to build a flexible and yield-generating stablecoin infrastructure. Investors appeared to support Cap’s hybrid strategy, which leverages crypto and traditional market liquidity.
The funding will be allocated toward building Cap’s stablecoin engine, which offers users interest-bearing returns on staked assets. Cap enables yield generation through a mix of traditional sources like HFT firms and private credit, not just token farming. Yield expansion is further supported by protocols such as EigenLayer, which reward users for restaking assets.
Cap’s Stablecoin Engine Targets Multi-Source Yield via Restaking Protocols
Cap’s model emphasizes scalability by allowing various denominations and integrating with existing DeFi and financial systems. The team aims to position its stablecoin as both redeemable and yield-accruing across markets. The latest $8 million injection reflects institutional belief in that scalable design.
Cap has been categorized under DeFi, with its platform structure aiming to democratize high-level yield access. The Phoenix Group image highlights Cap’s April 7 funding date, positioning it as a Q2 milestone in digital asset fundraising. Franklin Templeton’s involvement signals growing institutional interest in stablecoin innovation.
Cap’s TwitterScore of 51 shows rising community engagement as the stablecoin sector gains traction. With high-profile firms backing the raise, Cap continues to build momentum for its stablecoin launch later in 2025.
