PANews reported on December 14th that YO Labs, the development team behind YO Protocol, announced the completion of a $10 million Series A funding round, led by Foundation Capital, with participation from Coinbase Ventures, Scribble Ventures, and Launchpad Capital. This brings their total funding to $24 million. The company plans to use the funds to expand its yield-optimizing protocol to more blockchains and improve its infrastructure.