Blockchain startup Subzero Labs completes $20 million seed round led by Pantera Capital

Blockchain startup Subzero Labs has secured $20 million in seed funding led by Pantera Capital, with participation from Variant, Coinbase Ventures, and Susquehanna's crypto arm. The company is developing the Rialo blockchain for real-world applications, aiming to break through the current limitations of crypto technology, which primarily serves financial speculation.