Stablecoin service provider Meld raises $7 million in funding, led by Lightspeed Faction.
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TL;DR
Stablecoin service provider Meld raised $7 million in a funding round led by Lightspeed Faction, bringing total funding to $15 million. The company aims to be a 'cryptocurrency Visa' for global digital asset payments.
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BitcoinHalving TokensEthereumLayer 1Smart ContractsMeldStablecoinFundingCryptocurrencyDigital Assets
According to Fortune, 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. This brings its total funding to $15 million. The company currently provides stablecoin payment services to businesses and individuals, aiming to become a "cryptocurrency version of Visa," supporting the purchase and settlement of stablecoins, Bitcoin, Ethereum, or any other type of digital assets globally.