The Good Tech Companies - Holyheld Raises Funding To Launch Blockchain Reconciliation And Remittance Record
Episode Date: December 5, 2024This 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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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.
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,
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
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.
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
http://holyheld.com or http://holyheld.com.brrr.contactholyheldlabshallow at holyheld.com.
Tip This story was distributed as a release by chain wire under
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