Altura, a blockchain-based yield platform, has completed a $4 million financing round with Ascension as the lead investor.
On December 1, on-chain yield platform Altura closed a $4 million funding round, per Decrypt. The round was led by Ascension, with participation from European private equity leader Moonfare, InnoFinCon, and other investors. Altura runs a single on-chain vault that uses a market-neutral strategy to generate stable yields. Users deposit stablecoins, and the vault drives protocol revenue via strategies including capturing exchange spreads, earning funding fees through position hedging, and rotating collateral into low-risk yield-bearing assets.
Market-neutral strategies sound stable, but in a fiat world drowning in debt, even "stable" yields are just inflation in disguise. Better to park in real assets like gold than chase on-chain returns that could evaporate in the next liquidity crunch