Tagged: stellar development foundation

Automated Market Maker Functionality Is Now Live on Stellar, a Blockchain based Platform for Cross-Border Payments

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On November 3, 2021 (at 15:00 UTC), Stellar validators had reportedly voted to upgrade the network to Protocol 18, which adds Automated Market Maker (AMM) functionality to the Stellar protocol. As mentioned in an update shared with CI, this makes Stellar one of the earliest… Read More

Stellar Development Foundation Reveals that Flutterwave has Introduced New Remittance Corridors

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The Stellar Development Foundation (SDF) reveals that Flutterwave, an international payments tech firm, has introduced new remittance corridors between Europe and the MENA region on the Stellar network. Working with TEMPO, Flutterwave is focused on leveraging the Stellar network and Stellar USDC to simplify the… Read More

Global Financial Services Provider Tala Secures $145M via Series E led by Upstart

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Tala, the international tech firm creating an accessible financial services platform, announced a $145 million Series E round that has been led by Upstart along with contributions from the Stellar Development Foundation. New investors Kindred Ventures and the J. Safra Group, along with existing investors… Read More

Financial Services Platform Evrynet Welcomes Three New Advisors Following $7M Private Round

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Evrynet, a financial service platform, is pleased to confirm several additions to its list of project advisors. The team at Evrynet attracts talent from within the blockchain and crypto space and MIT to further expand its reach in the financial industry. More collaborations are “expected… Read More

Vottun to Create Payment Service via Spanish Regulatory Sandbox with Assistance from PwC, Stellar Development Foundation

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Earlier this year, the Central Bank of Spain (BdE), the Monetary Authority of Spain (Comisión Nacional de Mercados y Valores – CNMV), and Directorate-General for Insurance and Pension Funds (DGSFP) had revealed that that Spanish firm Vottun had been chosen to take part in the… Read More

Digital Asset Exchange Liquid Group and Stellar Development Foundation Offering Stellar USDC to Liquid’s Clients

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Digital currency exchange platform Liquid Group, Inc. and the Stellar Development Foundation (SDF) have revealed that Stellar USDC, a major stablecoin, is now available to Liquid’s exchange clients. Liquid is adding multi-chain support for USDC by expanding its products into a Stellar-enabled version. By bringing… Read More

London’s Micropayments Fintech SatoshiPay Acquires $550,000 Investment in XLM Cryptocurrency from Stellar Development Foundation

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London-based SatoshiPay, a Fintech firm that aims to provide fast and affordable payment solutions, has teamed up with the San Francisco-headquartered Stellar Development Foundation (SDF). According to a release, SatoshiPay has received a $550,000 investment from SDF’s Enterprise Fund. The funds will be used to… Read More

Crypto Wallet Abra Receives $5 Million Investment From Stellar Development Foundation

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Abra, a U.S.-based all-in-one cryptocurrency wallet and exchange, has received $5 million from the Stellar Development Foundation, a decentralized and sustainable network for financial products and services.  Founded in 2014 by Bill Barhydt, serial entrepreneur and global mobile-banking veteran, Abra is an all-in-app where you… Read More

Blockchain Firm AlphaPoint Announces Support for Stellar Lumens

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AlphaPoint, a blockchain company focused on enabling institutions to launch, scale, and operate digital asset exchanges globally, announced on Tuesday through its collaboration with the Stellar Development Foundation it now supports lumens (XLM), the native asset of the Stellar network, for its clients, which includes… Read More

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