1Money: Over $20 Million Raised To Develop Stablecoin Payments Network
By Amit Chowdhry ● Jan 25, 2025
1Money, a company developing the world's first purpose-built Layer 1 exclusively designed for stablecoins payments, emerged from stealth and announced over $20 million in funding. This seed funding round includes participation from financial institutions, venture capital firms and strategic investors including F-Prime Capital, Galaxy Ventures, Hack VC, Tribe Capital, Portage, Ethereal Ventures, CMT Digital, Kraken Ventures, KuCoin Ventures, BitGo Ventures, Bing Ventures, MoonPay Ventures, CoinFlip, Bankless Ventures, Perry Creek Capital, A100x Ventures, VARIV, Anagram, Generative Ventures, Lvna Capital, Ambush Capital, Borderless Capital, Pharsalus Capital, Protagonist, gumi Cryptos Capital, Hexa Capital, Karman Ventures, and R3D3 Ventures.