BlockBeats News, February 11th, according to Fortune magazine, stablecoin infrastructure startup Levl announced the completion of a $7 million seed round of financing. The round was led by Galaxy Ventures, with participation from Protagonist, Deus X, Blockchain Builders Fund, and other institutions.
Levl plans to double the team size and focus on expanding into the Latin America and Africa markets. Levl is committed to providing stablecoin payment infrastructure for digital wallets and fintech companies, serving over 20 clients with an annualized transaction volume exceeding $1 billion.
