Home
News
Details

Stablecoin Infrastructure Startup Levl Closes $7M Seed Round Led by Galaxy Ventures

iconChaincatcher
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Stablecoin infrastructure startup Levl has closed a $7 million seed round led by Galaxy Ventures, with support from Protagonist, Deus X, and Blockchain Builders Fund. The firm offers stablecoin payment solutions to digital wallets and fintechs, serving over 20 clients with more than $1 billion in annualized transaction volume. Levl will use the funds to double its team and expand into Latin America and Africa. The move comes as on-chain news continues to highlight growing demand for digital asset news and infrastructure innovation.

ChainCatcher News: Stablecoin infrastructure startup Levl announced the completion of a $7 million seed round, led by Galaxy Ventures, with participation from institutions including Protagonist, Deus X, and Blockchain Builders Fund. The company is dedicated to providing stablecoin payment infrastructure for digital wallets and fintech companies, having served over 20 clients with an annualized transaction volume exceeding $1 billion. The founder stated that their platform can help clients achieve cross-border instant payments at a lower cost, without the need to build complex systems themselves. Levl plans to double its team size and focus on expanding into the Latin American and African markets.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.