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The Better Money Company Secures $10 Million Seed Funding Led by a16z Crypto

On March 31, The Better Money Company, a stablecoin clearing service provider co-founded by former a16z investor Sam Broner, announced the completion of a $10 million seed funding round, led by a16z crypto. Other investors include BoxGroup, Sunflower Capital, Circle co-founder Sean Neville, and former Microsoft executive Charlie Songhurst. The new funding will support the establishment of a stablecoin clearing center and partnerships with stablecoin issuers. (Fortune)

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