TechFlow news, November 7 — According to Fortune, Tempo, a payment-focused blockchain project backed by fintech giant Stripe and crypto venture firm Paradigm, announced it has led a $25 million funding round for cryptocurrency infrastructure company Commonware.
As part of the collaboration agreement, Tempo will work with Commonware to develop faster methods for processing blockchain payments. Commonware founder Patrick O'Grady declined to disclose other investors but said the company's valuation saw a "significant increase" compared to its seed round valuation of $63 million.
Add to Favorites
Share to Social Media
