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Sablier Completes $4.5 Million in Seed Round Financing and Receives Funding from a16z Crypto Startup Accelerator

Sablier Completes $4.5 Million in Seed Round Financing and Receives Funding from a16z Crypto Startup Accelerator

CointimeCointime2024/03/23 05:28
By:Cointime

According to official sources, Sablier, a real-time payment protocol, has announced the completion of a $4.5 million seed round of financing. Investors include A Capital, Fenbushi Capital, WAGMI Ventures, GD1 web3, Cyfrin, DCV, Founderheads, as well as angel investors Daniel Bar, Ben Middleton, Evan, and others. Sablier mainly provides on-chain token distribution and fund flow solutions. Previously, the protocol has been deployed on the Optimism, Arbitrum, and Avalanche networks, allowing users to create customizable streaming payment plans based on currency type, amount, address, and duration, and sending the generated link to the recipient after blockchain verification. In addition, Sablier announced after this round of financing that it has received funding from a16z's crypto startup accelerator, but the specific amount has not been disclosed.

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