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Osero Completes $13.5M Funding Round Led by Sky Ecosystem on May 12

GateNews

2026-05-12 14:57:31

SKY0.03%

USDS0.01%

According to BlockBeats, Osero, a stablecoin yield infrastructure project backed by Sky Ecosystem (formerly MakerDAO), completed a $13.5 million funding round on May 12, led by Sky Ecosystem and Plasma. RedStone and Kairos Research also participated. The round was structured as a SAFT, with $10 million designated as risk reserves to cover potential losses. Osero aims to drive adoption of Sky’s stablecoin USDS and yield-bearing sUSDS, connecting users to the Sky Savings Rate system.

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