Boundary Labs Raises $2 Million to Build Verifiable Stablecoin USBD

Boundary Labs raised $2 million in a pre-seed funding round led by Galaxy Ventures, with participation from First Block Capital and BlackWood. The company announced plans on May 11, 2026 to launch USBD, an on-chain verifiable stablecoin designed for the institutional market. The announcement came five months after Boundary Labs closed its pre-seed round.

Boundary Labs funding round

• ▪First Block Capital participated in Boundary Labs' pre-seed funding round
• ▪Boundary Labs raised $2 million in a pre-seed funding round
• ▪Galaxy Ventures led Boundary Labs' pre-seed funding round

USBD stablecoin launch

• ▪USBD is designed for the institutional market
• ▪Boundary Labs announced plans to launch an on-chain verifiable stablecoin called USBD on May 11, 2026
• ▪USBD is an on-chain verifiable stablecoin
• ▪Boundary Labs announced USBD plans five months after raising its pre-seed funding round