Digital asset financial infrastructure services provider Cordant completes a $8 million seed round, with FJ Labs and others participating.

Odaily Planet Daily reports that stablecoin and digital asset financial infrastructure services provider Cordant announced it has completed a $8 million seed round financing. Bankless VC, FJ Labs, SignalFire, Quona, Next Stage, Selah Ventures, Flatironx, Nascent Ventures, Silvercircle Ventures, and Generative Ventures also participated. The new funds will support its efforts to introduce a new payment network and AI automation tools. Cordant is also co-building products with financial institutions, spanning banking, payments, embedded finance, cross-border transactions, stablecoins, and digital assets. In addition, LatAm digital asset and payments platform Bitso and blockchain infrastructure company Paxos are both involved as investors and design collaboration partners. (Businesswire)
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