Cointime

Download App
iOS & Android

Stablecoin company Loon completes approximately $2.15 million in seed round financing

Canadian stablecoin company Loon has completed a CAD 3 million (approximately USD 2.15 million) seed round financing, led by Version One Ventures, with participation from Garage Capital and a group of Canadian angel investors. It is reported that the company plans to launch a stablecoin based on the Canadian dollar to reduce reliance on USD stablecoins.

Comments

All Comments

Recommended for you