Cyclops lands $20M Series A to scale stablecoin settlement with Mastercard and Shift4 among current clients
Fortune •
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Promote with Leviathan NewsLed by Nava Ventures, Cyclops’ $20 million Series A also drew Coinbase Ventures, Circle, Castle Island Ventures, Lasagna Ventures, and GPT Ventures. Cyclops packages stablecoin settlement and cross-border payments into one stack for providers that do not want to build crypto rails themselves, with Mastercard and Shift4 already on its client list. It is pursuing licenses in the U.S. and Europe after an $8 million seed in March, taking disclosed funding to $28 million.
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