Singapore based Stablecoin and blockchain protocol startup Terra has raised $32m in seed funding. Investors include Polychain Capital, FBG Capital, Hashed, 1kx, Kenetic Capital, Arrington XRP Capital, and TransLink Capital.
Terra has created an unprecedented global alliance of major eCommerce businesses and secured investment from an all-star lineup of prominent global funds, including Binance Labs, Polychain Capital, OKEx, Huobi Capital, FBG Capital, Arrington XRP Capital, TransLink Capital and many others Terra has successfully closed its seed funding round with an initial USD $32M raised to kickstart its vision of creating the next generation of digital money. In a rare event, the capital investment arms of four of the six largest cryptocurrency exchanges globally have signed on as lead investors, including Binance Labs, OKEx, Huobi Capital, and Dunamu & Partners (the investment firm of Upbit operator Dunamu).
https://www.businesswire.com/news/home/20180829005292/en/Terra-Raises-32M-Seed-Funding-Build-Future
