The Good Tech Companies - Holyheld Raises Funding To Launch Blockchain Reconciliation And Remittance Record

Episode Date: December 5, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/holyheld-raises-funding-to-launch-blockchain-reconciliation-and-remittance-record. In an eff...ort to fill the critical infrastructure necessary for users to transact globally with merchants instantly, Holyheld’s BRRR protocol aims to connect pub Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #holyheld-labs, #chainwire, #press-release, #holyheld-labs-announcement, #blockchain-development, #crypto-exchange, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Holyheld, a leading Swiss crypto payments startup, announced today that it has secured funding to accelerate BRRR protocol. Holyheld’s protocol aims to connect public blockchain networks, traditional payment, and card networks to create a global layer of real-time payments. The new funding will allow Holyheld to continue expanding the protocol to more clients.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Holyheld raises funding to launch blockchain reconciliation and remittance record by Chainwire. ZUG, Switzerland, December 5, 2024, Chainwire, Holyheld, a leading Swiss crypto payment startup, announced today that it has secured funding to accelerate BERT protocol with investment from Toyota Ventures, Temple DAO, Tomahawk VC, Prismatic Capital, Z Prime Capital, Polygon, Cosmos Ventures, Moonlanding Ventures, as well as from angel investors from leading projects including Lido, Olympus, Dinero, Paragon, Superfluid, VFAT, Inverse Finance, Daedalus, DCV, Generative Ventures, and Vamiant.
Starting point is 00:00:51 In an effort to fill the critical infrastructure necessary for users to transact globally with merchants instantly, Holyheld's BIRD protocol aims to connect public blockchain networks, traditional payment, and card networks to create a global layer of real-time payments. Greater than, this opportunity consolidates our lead in the market, and fuels our drive to greater than redefine how real-time clearing of payments should work, said Anton Mozgovoy, greater than Holyheld's CEO. With our technology of global stablecoin orchestration, we're greater than well-positioned to transform how users and businesses conduct business today greater than with payments of tomorrow. Burr's protocol is used to power Holyheld's app,
Starting point is 00:01:25 a leader in the European market and the segment of Web3 payments apps, which offers a cash account with a debit card available to residents of 30 European countries. Users of the Holyheld app can connect any self-custody wallet and use their cryptocurrency for daily purchases. This enables traditional consumer behaviors, like swiping or tapping a credit card or mobile device for payment, while users maintain self-custody of their funds. Greater than. This funding is an essential step as we work towards our vision of enabling greater-than-crypto customers and fintechs to build new payment settlement and greater-than-reconciliation
Starting point is 00:01:58 solutions using crypto. Dr. Anton Zagorodnikov, Holyheld greater than co-founder and CTO, added, The new funding will allow Holyheld to continue expanding the protocol to more clients and payment networks globally. Holyheld has integrated over 100 leading crypto protocols across 15 blockchain networks. The company's BRRRR has also orchestrated over $100 million in volumes since its launch in April of 2023. Greater than, Holyheld turns any self-custody wallet into a personal IBAN and a debit card, greater than which enables users to have a frictionless digital wallet experience, said greater than Chris Abshire, principal, Toyota Ventures.
Starting point is 00:02:43 Greater than, we are excited to work with Holyheld's team as they build the leading greater than on-chain clearinghouse. To learn more about Holyheld, users can visit https colon slash slash holyheld dot com slash or https colon slash slash holyheld dot com slash burr about Holyheld founded in 2022. Holyheld is committed to enabling crypto customers and fintech to build new payment settlement and reconciliation solutions using stablecoins. With offices in Zug, Switzerland and Vilnius, Lithuania, the company's first product is a Web3 debit card that allows users to make traditional payments with digital assets. Holyheld's blockchain reconciliation and remittance record burr protocol enables consumers who are invested in blockchain-related assets to have significant purchasing power in the real world. To learn more about Holyheld, users can visit
Starting point is 00:03:30 http://holyheld.com or http://holyheld.com.brrr.contactholyheldlabshallow at holyheld.com. Tip This story was distributed as a release by chain wire under hacker noon's business blogging program learn more about the program here thank you for listening to this hacker noon story read by artificial intelligence visit hacker noon.com to read write learn and publish

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