According to Foresight News , Fortune magazine reports that stablecoin infrastructure startup Levl has announced the completion of a $7 million seed funding round, led by Galaxy Ventures, with participation from Protagonist, Deus X, Blockchain Builders Fund, and other institutions. Levl plans to double its team size and focus on expanding into the Latin American and African markets.
Levl focuses on providing stablecoin payment infrastructure for digital wallet and fintech companies, serving over 20 clients with an annualized transaction volume exceeding $1 billion. The founders stated that their platform helps clients achieve instant cross-border payments at a lower cost, without needing to build their own complex systems.
