Blip, Pre-seed round raises 2.3 million dollars...Stablecoin settlement platform construction

Source
YM Lee

Summary

  • Blip announced that it raised 2.3 million dollars through a pre-seed round.
  • This fund is expected to be utilized in the development of a settlement platform that supports the use of Stablecoin.
  • A cashback of up to 2% is provided when using Stablecoin.

Former Revolut employee Joao Aleve and Gilherme Gomes established the self-custody Stablecoin settlement platform Blip, which raised 2.3 million dollars in a pre-seed round.

According to a report by The Block on the 28th (local time), this round included investors such as Maven 11, Alliance DAO, Robot Ventures, and major members of Fantom, OKX, and Eigenlayer participated as angel investors.

The raised funds are expected to be utilized in the development of a self-custody settlement app that supports the use of Stablecoin in real life through a Mastercard direct card. Blip's internal transaction fees are not charged, and a cashback of up to 2% is provided when using Stablecoin.

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YM Lee

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