Ark Labs, a developer of Bitcoin Layer 2 infrastructure, has secured $5.2 million in a seed funding round with participation from Tether, Ego Death Capital, Epoch VC, and others. The investment will support the expansion of Ark Labs' Bitcoin-native L2 platform, Arkade, which aims to integrate stablecoins and digital assets. The company plans to grow its team from 10 to 25 members, enhancing developer relations and product development. Arkade will facilitate the aggregation and settlement of stablecoins like USDT with Bitcoin liquidity off-chain, enabling programmable financial applications such as payments, lending, and cross-network settlements. This funding round also saw contributions from individual investors, including Anchorage Digital and former PayPal CFO Ralph Ho.