Stablecoin Clearing Service Provider The Better Money Company Completes $10 Million Seed Round, Led by a16z crypto

BlockBeats News, March 31, The Better Money Company, a stablecoin clearing service provider co-founded by former a16z investor Sam Broner, announced the completion of a $10 million seed round of financing, led by a16z crypto, with participation from BoxGroup, Sunflower Capital, Circle co-founder Sean Neville, former Microsoft executive Charlie Songhurst, and other angel investors.

The new funds will support the company in establishing a stablecoin clearinghouse and forming partnerships with stablecoin issuers. (Fortune)