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Stablecoin settlement service provider The Better Money Company completes $10 million seed funding round, led by a16z Crypto
BlockBeats message, March 31, stablecoin liquidation service provider The Better Money Company, co-founded by Sam Broner, a former investor under the a16z umbrella, announced the completion of a $10 million seed round of financing. a16z crypto led the round, with angel investors participating including BoxGroup and Sunflower Capital, Sean Neville, co-founder of Circle, Charlie Songhurst, a former Microsoft executive, and others.
The new funding will support the company in building a stablecoin clearing center and establishing partnerships with stablecoin issuers. (Fortune)