Odaily Planet News — Stablecoin service provider Meld has completed a $7 million funding round, led by Lightspeed Faction, with participation from F-Prime, Yolo Investments, and Scytale Digital. To date, the company has raised a total of $15 million. Meld currently provides stablecoin payment services to businesses and individual users, aiming to create a "cryptocurrency version of Visa" that supports the purchase or settlement of stablecoins, Bitcoin, Ethereum, or any other type of digital asset globally. (Fortune)
Stablecoin Provider Meld Completes $7M Funding Round, Lightspeed Faction Leads
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Summary
Stablecoin provider Meld has closed a $7 million project funding round led by Lightspeed Faction, with F-Prime, Yolo Investments, and Scytale Digital also participating. The company's total funding now amounts to $15 million. Meld offers stablecoin payment solutions to businesses and individuals, aiming to create a "crypto version of Visa" that supports global transactions in stablecoins, Bitcoin, Ethereum, or any other digital asset.
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