Coin Desk: Raj Date-Led VC Firm Backs Align Commerce Seed Round

Pete Rizzo reports in CoinDesk:

A diverse cast of investors has contributed to the most recent undisclosed seed funding round for blockchain-based, cross-border payments solution provider Align Commerce.

Participants included more familiar names such as entrepreneur Barry Silbert's Bitcoin Opportunity Corp, Adam Draper-led Boost VC and hedge fund Pantera Capital. The round also included traditionally payments-focused VC firms such as Bayhill Capital Management, NyCa Investment, Pivot Holding, Fenway Summer, R3 and the Whittemore Collection.

Unsurprisingly, not all participants are new to the ecosystem. Fenway Summer, for example, previously invested in bitcoin brokerage Circle's $17m Series B and boasts former deputy director of the US Consumer Financial Protection Bureau (CFPB) Raj Date as its managing partner.

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