FJ Labs
FJ Labs is a venture fund that is not limited to a specific round of investment; it invests in Web2 and Web3 projects.
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Financial Infrastructure Command Platform Cordant Completes $8 Million Seed Round Financing
According to Business Wire, financial infrastructure command platform Cordant announced the completion of an $8 million seed funding round, jointly led by Motive Partners and Oak HC/FT, with participation from institutions such as Bitso, Paxos, Bankless VC, FJ Labs, and SignalFire. Cordant was founded by a former executive team from Rapyd and is positioned as a real-time operations command center for payment companies, fintechs, and banks, capable of integrating data from payment rails, bank accounts, ledgers, compliance, and risk systems to provide teams with a unified operational view without the need to migrate data or replace existing core systems. The funding will be used for product development and private beta customer deployments.
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Digital asset infrastructure provider Cordant completes $8 million seed round, with participation from FJ Labs and others
Cordant, a stablecoin and digital asset financial infrastructure provider, has announced the completion of an $8 million seed funding round. Participating investors include Bankless VC, FJ Labs, SignalFire, Quona, Next Stage, Selah Ventures, Flatironx, Nascent Ventures, Silvercircle Ventures, and Generative Ventures. The new capital will support the company's introduction of new payment networks and AI automation tools. Cordant is collaborating with financial institutions on product development, covering banking, payments, embedded finance, cross-border transactions, stablecoins, and digital assets. Notably, Latin American digital asset and payment platform Bitso, as well as blockchain infrastructure company Paxos, have both invested and are serving as design partners. (Businesswire)
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