CFX Labs completes $9.5 million financing, with participation from Metropolitan Capital Bank & Trust and others

ChainCatcher news, according to Coindesk, American fintech company CFX Labs announced the completion of a $9.5 million seed round financing, with participation from Shima Capital, Decasonic, Antalpha, CMT Digital, Corazon Capital, Kraken Ventures, New Form Capital, and Metropolitan Capital Bank & Trust based in the Philippines.

The funds will be used to expand its stablecoin payment and remittance network based on the Solana blockchain globally.