Franklin Templeton has led an $8 million seed funding round for Cap, a stablecoin project targeting yield generation through shared security markets like EigenLayer and Symbiotic. The project promises decentralized, low-risk access to DeFi returns.

Traditional Finance Enters Stablecoin Game

Franklin Templeton leads major funding into crypto-native protocol

The global asset manager continues its expansion into blockchain with this lead investment in Cap. Other participants include crypto-focused VCs such as Triton Capital, GSR, and Laser Digital, highlighting growing institutional interest in stablecoin infrastructure.

Yield Generation Through Shared Security

Cap leverages EigenLayer and Symbiotic to enable regulated DeFi yields

Cap is pioneering a framework where financial operators generate yield while minimizing user exposure to operational risk. By using shared security markets, Cap decouples user risk from third-party yield strategies, enabling more sustainable and compliant products.

MegaETH Integration and Protocol Expansion

Layer 2 adoption powers real-time DeFi opportunities

The project is being deployed on MegaETH, a layer 2 solution enabling real-time ecosystem interaction. This layer allows Cap to offer dynamic, fast, and secure integrations across DeFi protocols and real-world asset platforms.

Crowdfunding and Institutional Support Combined

Cap’s roadmap strengthened by retail and VC backing

The $8 million round follows a previous $1.1 million crowdfunding initiative via Echo. The combined funding ensures Cap has the resources to scale adoption, refine its stablecoin engine, and integrate with a variety of DeFi and asset management protocols.

Key Info Box

• Funding: $8M seed led by Franklin Templeton
• Protocol: Cap (Ethereum-based stablecoin engine)
• Market Focus: Yield generation via shared security
• Layer 2: Integrated with MegaETH

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