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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India-based Speed raises $8m from Tether and Ego Death Capital to accelerate lightning-powered bitcoin and stablecoin payments



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,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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