Skyfire Secures $8.5M to Boost Open-Source Payments Development
CryptoNewsTerminal Staff21 Aug, 2024
Skyfire Secures $8.5M to Boost Open-Source Payments Development
Skyfire, the open-source payments project founded by ex-Ripple developers, has raised $8.5 million in seed funding. The round was led by USDC issuer Circle, with participation from Ripple and Gemini. Skyfire's plans for the funds remain undisclosed. This news builds on Skyfire's mission to revolutionize the payments landscape through open-source solutions.