Ark Labs, based in Lugano, Switzerland, is building Arkade, an execution layer on the Bitcoin network designed to enable instant, programmable transactions and to support issuance, transfer, and settlement of stablecoins like USDT. The startup aims to allow developers and institutional users to construct payment and financial applications on Bitcoin by enabling more complex transaction logic than the base layer currently supports. Ark Labs announced a $5.2M seed round that brought its cumulative funding to $7.7M, with participation from Tether's investment arm, Sats Ventures, Contribution Capital, and Anchorage Digital. Funding will be used to expand the infrastructure and execution-layer capabilities of Arkade to improve efficiency for stablecoin operations on Bitcoin. The company has not disclosed commercial metrics such as revenue or user counts in the announcement. Ark Labs' product sits amid broader industry efforts to expand Bitcoin's utility beyond simple value transfer into payments and financial services.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Mar 2026