TechFlow, December 16 — According to an official announcement, payment infrastructure company Speed1, Inc. ("Speed") has completed an $8 million strategic funding round led by Tether, with participation from Ego Death Capital.
Speed is a payments company building an instant global settlement network based on the Bitcoin Lightning Network and stablecoins, processing over $1.5 billion in annual payments and serving 1.2 million users and businesses. Its products, Speed Wallet and Speed Merchant, offer instant payments, native BTC and USDT settlements, and enterprise-grade global routing services.
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