Summary
- Sphere announced that it has completed a $5 million funding round.
- It was reported that this round was led by global cryptocurrency exchanges Coinbase and Kraken.
- Sphere stated that it will support the rapid flow of funds globally through stablecoins.
Sphere, a cross-border payment stablecoin company, announced that it has completed a funding round.
According to a report by Fortune on the 12th (local time), this round was led by global cryptocurrency exchanges Coinbase and Kraken.
Sphere stated, "We will provide cross-border economic services similar to Stripe through stablecoins and support the rapid flow of funds globally."
YM Lee
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