Stablecoin and payments company and investor in Morpho.
“Cyclops Raised $20M Series A backed by Coinbase Ventures and Circle; helps payments companies add stablecoin rails without building infrastructure.”
“Visa, Stripe, Coinbase, Mastercard, BlackRock, and more than 100 other companies are joining an industry consortium called Open Standard to launch Open USD, a stablecoin launching later this year that will directly challenge the economics behind dominant stablecoin issuers like Circle and Tether.”
Source→“Morpho raised a $175 million round at a valuation of up to $2 billion. Investors included Paradigm, Ribbit Capital, Andreessen Horowitz, Apollo, Circle, and VanEck.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.