On Wednesday, CFX Labs, a fintech company headquartered in the United States, revealed that it successfully secured $9.5 million in seed investments. The funds will be utilized to scale up its global Solana blockchain-powered stablecoin payment and remittances network. The fundraising effort surpassed expectations, as indicated in the press release, with notable participation from Shima Capital, Decasonic, Antalpha, CMT Digital, Corazon Capital, Kraken Ventures, New Form Capital, and Metropolitan Capital Bank & Trust, based in Illinois.
