Jack Dorsey’s Square and Pantera fund $14M for “real-time” crypto settlement network startup

posted 8 months ago
Transparent Financial Systems, a Seattle-based startup developing a real-time "cryptographic settlement" network, closed a funding round for $14 million. Led by Pantera Capital with participation from Jack Dorsey’s Square, Future\Perfect Ventures, DCG and more, the funding round is in addition to the $8 million in seed financing from 2018.

Chief investment officer at Vulcan Capital, Chris Orndorff said "The financial industry is ready for new technology to improve the way people pay for goods and services.”
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