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Stablecoin infrastructure startup Levl has completed a $7 million seed funding round, led by Galaxy Ventures.
GateNews
PANews February 11 News, according to Fortune magazine, stablecoin infrastructure startup Levl announced the completion of a $7 million seed round of funding, led by Galaxy Ventures, with participation from Protagonist, Deus X, Blockchain Builders Fund, and other institutions.
The company is dedicated to providing stablecoin payment infrastructure for digital wallets and fintech companies, serving over 20 clients with an annualized transaction volume of over $1 billion. The founder stated that their platform can help clients achieve cross-border instant payments at lower costs without building complex systems themselves. Levl plans to double its team size and focus on expanding into Latin America and Africa markets.
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