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

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ChainCatcher reports that, according to Fortune, stablecoin infrastructure company Cyclops has announced the completion of an $8 million funding round, with valuation undisclosed, with participation from Castle Island Ventures, F-Prime, and Shift4 Payments.

Cyclops is dedicated to building infrastructure to accelerate the adoption of stablecoins. Cyclops co-CEO Alex Wilson stated, “Our vision and goal are to become the first-choice platform that payment companies think of when building various stablecoin solutions.”

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