MEV developer FastLane Labs completes $6 million funding, led by Figment Capital and DBA

ChainCatcher news, according to official sources, MEV developer FastLane Labs has announced the completion of a $6 million financing round, led by Figment Capital and DBA, with participation from Coinbase Ventures, Robot Ventures, Hashkey Capital, CHORUS ONE, and others. The new funds will be used to create a comprehensive liquid staking token on Monad.

According to reports, FastLane Labs is dedicated to building a long-term MEV ecosystem on Monad, allowing users, dApps, and stakers to benefit from it.

Previously, in May 2023, it was reported that FastLane Labs completed a $2.3 million financing round, led by Multicoin Capital.