Stablecoin service provider Meld raises $7 million, led by Lightspeed Faction.

PANews reported on January 14th that, according to Fortune, stablecoin service provider Meld announced the completion of a $7 million funding round, led by Lightspeed Faction, with participation from F-Prime, Yolo Investments, and Scytale Digital. This brings the company's total funding to $15 million, with specific valuation details not yet disclosed. Meld aims to become a one-stop platform for businesses and individuals worldwide to access and convert digital assets, with the goal of becoming a "cryptocurrency version of Visa," supporting the purchase and settlement of stablecoins, Bitcoin, Ethereum, or any other type of digital asset globally.

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