Blockchain payment company Borderless.xyz completes $3 million in financing
Borderless.xyz, a blockchain-based payment company, has completed a $3 million Pre-Seed financing round with Amity Ventures leading the investment. CJ Reim, Managing Partner of Amity Ventures, will also join the Borderless.xyz board after the financing. The company plans to use these funds to hire more engineers to expand its geographic coverage and increase liquidity for its global stablecoin payment network. Borderless.xyz develops payment infrastructure that supports global fund transactions between stablecoins, real-world assets, other "internet-native currencies," and fiat currencies.
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