Singapore based Stablecoin and blockchain protocol startup Terra has raised $32m in seed funding. Investors include Polychain Capital, FBG Capital, Hashed, 1kx, Kenetic Capital, Arrington XRP Capital, and TransLink Capital.
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Terra Raises $32m Seed Funding
“We are pleased to support Terra, which sets itself apart from most other blockchain projects with its established and immediate eCommerce go-to-market strategy,” said Karthik Raju, partner at Polychain Capital. “Its existing technology and compelling business model provide an ideal launching pad for Terra to fundamentally disrupt how everyday digital commerce is conducted across global consumer markets.”
