Stripe-Incubated Tempo Closes $500M Round, Reaches $5B Valuation

TLDR Tempo has raised $500 million in a Series A funding round. The funding round values Tempo at approximately $5 billion. Stripe and Paradigm incubated Tempo but did not invest in this round. Thrive Capital and Greenoaks led the investment along with Sequoia, Ribbit, and SV Angel. Tempo is a Layer 1 blockchain optimized for [...]

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