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Stablecoin financial infrastructure Cordant completes a $8 million seed round, with participation from Bankless VC and others

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Golden Finance reports that Cordant, a stablecoin and digital-asset financial infrastructure provider, has announced the completion of an $8 million seed round. Bankless VC, FJ Labs, SignalFire, Quona, Next Stage, Selah Ventures, Flatironx, Nascent Ventures, Silvercircle Ventures, and Generative Ventures participated in the investment. Cordant is working with financial institutions to co-build products, covering the banking, payments, embedded finance, cross-border transactions, stablecoin, and digital-asset sectors. In particular, Latin American digital-asset and payments platform Bitso and blockchain infrastructure company Paxos both participated in the investment and will serve as design partners. The new funding will support its efforts to introduce a new payment network and AI automation tools.
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