TechFlow News, March 4: According to Fortune, stablecoin infrastructure company Cyclops announced today it has raised $8 million in funding, with investors including Castle Island Ventures, F-Prime, and Shift4 Payments.
Cyclops aims to become the preferred platform for payment companies building stablecoin solutions, providing enterprises with blockchain-based technical support to enable 24/7 instant settlement—bypassing time constraints and delays inherent in traditional financial systems. Founded by Alex Wilson, Pat Duffy, and David Johnson, the company currently employs 20 people and generates revenue through transaction fees.




