New Jersey based provider of stablecoin and fiat payment infrastructure raised $10m in Series A funding led by BDC Capital.
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Cybrid raises $10m in Series A funding
“Stablecoins are becoming the backbone of how currency moves across borders and between businesses in near real time, and at a fraction of the cost of sending money over the traditional networks. At Cybrid, we’ve built the intelligent payment infrastructure that fintechs, enterprises, and financial institutions need to adopt stablecoins at scale, with compliance baked in. This funding allows us to accelerate our mission and bring the benefits of faster, more transparent, and lower-cost payments to businesses worldwide,”
