Funding
India-based Speed raises $8m from Tether and Ego Death Capital to accelerate lightning-powered bitcoin and stablecoin payments
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Built by an India-based engineering team, Speed is taking Lightning-powered Bitcoin and stablecoin payments global—instant, low-fee, and enterprise-ready.
Speed, Inc. (“Speed”), a global payment infrastructure company built on the Bitcoin Lightning Network, has secured $8 million in funding from Tether, the issuer of USDT and USAT, and Ego Death Capital, a venture fund that backs foundational Bitcoin innovations. The investment will accelerate Speed’s mission to move crypto beyond speculation and into everyday utility through instant, global,…
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