Layer 1 blockchain Stable, built specifically for stablecoins, announced the completion of a $28 million seed round of financing. Bitfinex and Hack VC co-led the investment, with Franklin Templeton, eGirl Capital, Mirana, Castle Island Ventures, Susquehanna International Group, Nascent, and Blue Pool Capital participating. Stable founder and CEO Joshua Harding stated that this round of financing consists of future equity agreements (SAFE) and token subscription rights, but he refused to disclose the valuation after the financing.
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Stable Completes $28 Million Seed Round, Led by Bitfinex and Hack VC
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