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Rebar Labs, a team of seasoned veterans from the Ethereum industry, is bringing their expertise to Bitcoin to tackle the emerging challenges posed by on-chain Maximal Extractable Value (MEV). The company has successfully raised $2.9 million in seed funding, led by 6th Man Ventures, with participation from ParaFi Capital, Arca, Moonrock Capital, and UTXO Management.
Carl Vogel of 6th Man Ventures commented, “As the ecosystem of the world’s largest digital asset grows, Rebar’s products will enable good MEV for fair and efficient markets, creating more value for users and miners and enabling the foundation for a flourishing ecosystem.”
Rebar Labs’ Focus Areas
Rebar Labs has unveiled…
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