Totalis Completes a $500K Seed Round, Becoming the First to Receive a YC Investment in USDC

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Totalis has closed a $500,000 seed round led by Y Combinator, marking the first full YC investment in USDC. The funds were settled on Solana and custodied by Ramp. The platform builds a derivatives layer for prediction markets, enabling multi-market bets on geopolitical, crypto, and sports events. YC CEO Garry Tan said the firm will use more stablecoins for payments. This market news highlights a shift in funding practices. The crypto market update shows growing adoption of blockchain-based settlement.

ChainCatcher reports that Totalis has announced the completion of a $500,000 seed round, with participation from Y Combinator. Totalis is the first company to receive its Y Combinator investment entirely in USDC, with funds settled via the Solana network and held by Ramp. Totalis positions itself as the core derivatives layer for prediction markets, enabling users to build multi-leg parlay bets across categories, markets, and venues—including geopolitics, cryptocurrencies, and sports assets—to enhance capital efficiency for trading and market making. According to Y Combinator CEO Garry Tan, YC will future investments be paid in stablecoins, marking a new financial paradigm that will not rely on ACH or wire transfers.

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