Reciprocal Ventures, Jump Crypto, Draper Dragon and Digital Currency Group also participated in the Coinflow Labs funding round.
The web3 payments firm Coinflow Labs raised $2.25 million in seed funding led by the venture firm CMT Digital.
The round brings Coinflow's total funding to $3.7 million after pre-seed financing in early 2023. Following this seed round, CMT Digital investor Sam Hallene will join Coinflow's board of directors. Coinflow will use the funds to bolster sales, engineering, compliance and other teams, the company told The Block.
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