Gm!
We’re excited to announce a new strategic funding round for Loop Crypto!
The round is led by Fabric Ventures and VanEck, with additional first-time investment from Mert Mumtaz (Helius) and Max Jungreis (Plug and Play Ventures), and with continued support from a16z crypto, Archetype, a_capital, and others. Fabric and VanEck see Loop as a foundational pillar in an open, composable payments stack, where programmable money, data, and existing billing solutions can coexist.
This brings Loop’s fundraising total to over $6M! For more details on the round, check out the posts (X & LinkedIn) from our co-founder and CEO Eleni Steinman as well as this profile from Blockworks.
We’re honored to have Fabric, VanEck, and our ecosystem behind us. We want to say a special thank you to our community (i.e, you, the readers of this newsletter!!). We appreciate the ongoing support and love building the payment rails of the future alongside you.
If you're building in fintech, Web3, AI, payments, or global commerce, let’s talk. We’re just getting started.
Best,
Jeff
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