Totalis has announced the completion of a $500,000 seed funding round, with participation from Y Combinator. According to Odaily, Totalis is the first company to receive investment from Y Combinator entirely in USDC, settled via the Solana network and managed by Ramp. Positioned as a core derivative layer for prediction markets, Totalis enables users to create multi-category combinations across geopolitical, cryptocurrency, and sports assets, aiming to enhance capital efficiency in trading and market-making.
Y Combinator CEO Garry Tan stated that YC will conduct future investment payments using stablecoins, marking a shift away from traditional ACH or wire transfers.