1Money
1Money operates a stablecoin payments network built on a Deterministic Byzantine Fault Tolerant (DBFT) architecture designed exclusively for stablecoin transactions. The network processes payments immediately without blockchain delays and includes built-in compliance features for automated sanctions blocking and AML standards. Founded in 2024 and headquartered in Bermuda, 1Money has raised $20M in Seed funding from…
Funding snapshot
About
1Money operates a stablecoin payments network built on a Deterministic Byzantine Fault Tolerant (DBFT) architecture designed exclusively for stablecoin transactions. The network processes payments immediately without blockchain delays and includes built-in compliance features for automated sanctions blocking and AML standards. Founded in 2024 and headquartered in Bermuda, 1Money has raised $20M in Seed funding from a prominent investor group including F-Prime Capital, Galaxy, Hack VC, Tribe Capital, and Kraken Ventures. The platform's architecture prioritizes security and regulatory compliance while enabling instant, low-cost stablecoin transfers, positioning it as purpose-built infrastructure for the growing stablecoin economy and digital payment ecosystem. The network supports multiple stablecoin issuers and provides the throughput necessary for high-volume payment processing at global scale.
Business model
Cryptocurrencies > Coins > Stable Coins
Team background
Company Wise > Uber
Institutional investors
Backed by funds in our directory
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