Wu Blockchain (@WuBlockchain): According to Fortune, blockchain startup Tempo, backed by Stripe and Paradigm, has raised $500 million in a Series A round at a valuation of approxima…
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According to Fortune, blockchain startup Tempo, backed by Stripe and Paradigm, has raised $500 million in a Series A round at a valuation of approximately $5 billion. The funding was led by Thrive Capital (founded by Joshua Kushner) and Greenoaks, with participation from Sequoia Capital, Ribbit Capital, and SV Angel. Tempo aims to establish U.S. dollar-backed stablecoins as the foundational infrastructure for global payments. https://t.co/m5n9PN4svN