Stable: $28 Million Funding Secured For Layer 1 Blockchain Network Platform
By Amit Chowdhry ● Today at 6:01 AM
Stable, a layer 1 blockchain network powered by USDT and designed to achieve seamless financial transactions through stablecoins, announced the closing of its $28 million seed funding round led by Bitfinex & Hack VC, with participation from Franklin Templeton, Castle Island Ventures, eGirl Capital, Bybit-Mirana, Susquehanna Crypto, Nascent, Blue Pool Capital, BTSE, and KuCoin Ventures. Notable angel investors and advisors include Paolo Ardoino of Tether, Bryan Johnson of Braintree, Nathan McCauley of Anchorage, and Gabriel Abed. Bitfinex is one of the early investors and has played a key role in incubating Stable from the start.