• ORO Labs raises USD 1.5M to turn gold into an income-generating digital asset.
• Funding led by 468 Capital, with support from Fasset and Solana-based investors.
• ORO plans to enhance gold’s liquidity and usability through innovative financial products.

Oro

What happened? Oro Labs raised USD 1.5 million in a pre-seed funding round, aiming to transform gold into a dynamic and income-generating financial asset.

The round was led by 468 Capital with backing from Fasset and  angel investors. This includes investors from Solana-based projects such as Phantom, Jupiter, Helium, Squads, Sanctum, Anza Labs, Perena, Bonk, and Forma.

 “We’re building a system where gold isn’t just held—it can be actively used to generate yield, secure loans, and facilitate instant global transactions,” said Usman Saleem, Co-Founder & CEO of ORO Labs.

Gold Financial Solutions

Who are they? Oro Labs is a blockchain-based tokenized gold platform. It aims to tackle the liquidity limit traditional gold ownership presents through offering gold-backed financial solutions. Furthermore, these solutions aim to enable users to earn returns, borrow against holdings, and trade seamlessly.

Additionally, built on Solana’s fast and cost-efficient infrastructure, the platform enables instant settlement and provides real-world utility for tokenized gold.

What will it do with the funding? With the funding, ORO plans to launch new financial products designed to enhance gold’s liquidity and usability. This spans both decentralized and traditional finance. These products’ upcoming features will include innovative borrowing mechanisms, seamless global transactions, and new opportunities for gold-backed yield generation.

Through bridging traditional commodities with next-generation financial systems, ORO Labs aims to provide a more accessible and efficient gold market on a global scale.