In a world where the digital dollar dances like a dervish, Ubyx, a sprightly startup, has managed to wrangle a hefty $10 million in seed funding. Yes, you heard it right! That’s enough to buy a small island or, you know, just launch a stablecoin clearing platform. The big guns at Galaxy Ventures led the charge, with a motley crew of investors like Founders Fund and Coinbase Ventures joining the fray. It’s like a high-stakes poker game, but instead of chips, they’re tossing around digital coins.
At the helm of this venture is Tony McLaughlin, a former Citigroup executive who probably knows more about money than most of us know about our own bank accounts. His grand vision? To untangle the web of stablecoin transfers across blockchains, making it as easy as pie—or at least easier than explaining to your grandma what a blockchain is. 🍰
Mark your calendars, folks! Ubyx is gearing up for a grand debut by the end of 2025, with plans to initially support the Solana and Base networks. So, if you’ve ever dreamed of transferring stablecoins without the hassle, your ship might just be coming in. Or at least, it’ll be a very fancy boat. 🚢
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2025-06-17 15:14