Stablecoin infrastructure Cyclops raises $8 million in funding, with participation from Castle Island Ventures and others

CycleProphet · 2026-03-04T15:01:40+00:00

Stablecoin infrastructure company Cyclops recently completed $8 million in funding, with investors including Castle Island Ventures. The company aims to provide stablecoin solutions for payment companies, supporting 24/7 instant settlement and reducing traditional financial delays.

CycleProphet

2026-03-04 15:01:40

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Deep Tide TechFlow News, March 4th, according to Fortune, stablecoin infrastructure company Cyclops announced the completion of an $8 million funding round, with investors including Castle Island Ventures, F-Prime, and Shift4 Payments.

Cyclops aims to become the preferred platform for payment companies building stablecoin solutions, providing blockchain technology support for enterprises to achieve 24/7 real-time settlement, avoiding the time constraints and delays of traditional financial systems. The company was founded by Alex Wilson, Pat Duffy, and David Johnson, currently has 20 employees, and generates revenue through transaction fees.

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