Shredpay targets U.S. retail and institutional users looking for ease of use and a comprehensive risk rating.
Former legal executives from crypto exchange OKX unveil DeFi connectivity, risk-rating service
Shredpay targets U.S. retail and institutional users looking for ease of use and a comprehensive risk rating.
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The investment round was led by Dragonfly Capital and included participation from Paradigm, Moderne Ventures, Coinbase Ventures and SBI Investment.
Rules are required to ensure DeFi projects grow and mature, which means they need layers of centralization before becoming truly decentralized. .
The network's co-founder says many blockchains pitching financial rails lack the activity to justify their valuations, and stablecoins still lack true product-market fit.
The machines will ship in the fourth quarter of 2025, the company said, while keeping the buyer unnamed.