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Cyclops raises $8 million from Castle Island Ventures, F-Prime and Shift4 Payments.
Cyclops raised $8 million from Castle Island Ventures, F-Prime, and Shift4 Payments.
KEY POINTS
- Both Blade and Blue Origin use Cyclops's stablecoin infrastructure through Shift4 Payments.
- Cyclops was founded by former Shift4 crypto team leaders after experiencing vendor fragmentation.
- Cyclops seeks to be a one-stop stablecoin solution for payment processors like Fiserv and Adyen.
- The company generates revenue through transaction fees but has not disclosed specific figures.
COMPANIES
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