Stablecoin startup Noah raises $22 million investment

Source
Son Min

Summary

  • Noah reportedly secured a $22 million investment in its seed funding round.
  • This round of investment was led by LocalGlobe, with several major venture capitalists involved.
  • It was reported that Thijs Lammers, former executive at Adyen, joined Noah as co-founder and president, drawing attention from investors.

Stablecoin startup Noah has reportedly raised $22 million in its seed funding round.

According to Fortune Crypto on the 10th (local time), Noah secured $22 million during its seed funding round. This round was led by the European venture capital firm LocalGlobe, with Felix Capital, FJ Labs, and others participating. The specific allocation of the investment funds was not disclosed.

Meanwhile, Thijs Lammers, a former executive of the payments company Adyen, has reportedly joined Noah as co-founder and president.

publisher img

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
What did you think of the article you just read?