
According to Tether and Ark Labs, the funding will support programmable Bitcoin infrastructure aimed at enabling faster payments and direct stablecoin settlement on Bitcoin rails.
Ark Labs raised $5.2 million in a funding round that included Tether, with the startup saying total funding has reached about $7.7 million. Tether said its investment supports efforts to bring programmable payments to Bitcoin and expand infrastructure for stablecoins such as USDT to move and settle directly on Bitcoin rails. Ark Labs is developing Arkade, an execution layer designed to enable faster Bitcoin transactions and support applications including payment networks, lending tools, and digital asset platforms. Tether CEO Paolo Ardoino said expanding stablecoin access on Bitcoin remains a priority, while Ark Labs CEO Marco Argentieri said the project is intended to add programmable infrastructure for financial applications.