Bitcoin is reshaping global markets and deserves the programmable infrastructure that modern financial applications require. Today, we're announcing a $5.2M seed round to build it, with partners who share that conviction.
The round includes Tether, Ego Death Capital, Epoch VC, Lion26, Sats Ventures and Contribution Capital, with participation from Anchorage Digital, Ralph Ho (former VP of Finance at PayPal), and other digital asset and fintech leaders. Tether's involvement is particularly meaningful: the largest stablecoin issuer in the world betting on Bitcoin-native infrastructure signals where this market is heading.
The raise brings our total institutional backing to $7.7M, following a pre-seed round backed by Draper Associates, Fulgur Ventures, and Axiom Capital.
We're building the foundation of open financial infrastructure on Bitcoin, enabling instant, programmable transactions for wallets, fintechs, and financial institutions. Arkade delivers an open, neutral, and scalable execution layer designed to power the next generation of commerce, retail payments, neobanks and financial applications.
...read more at blog.arklabs.xyz
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Meanwhile I'm pinching sats angel round to angel round
Maybe I should hire a scammer to lie on Twitter
Tether and Anchorage putting in funding. Interesting to see.
The real challenge isn’t just programmable finance on Bitcoin, it’s doing it while keeping Bitcoin’s security model intact. Interested to see how Ark handles that.
https://m.stacker.news/134163