Bleap completes $2.3 million Pre-seed round financing, led by Ethereal Ventures

ChainCatcher news, "Blockchain Bank Account" Bleap has completed a $2.3 million Pre-seed funding round, led by Ethereal Ventures, with participation from Maven11, Alliance DAO, Robot Ventures, and Credibly Neutral, as well as key executives from angel investors Revolut, Phantom, OKX, EigenLayer, and Consensys.

The funds will be used to help develop a self-custody payment application that allows customers to spend stablecoins in the real world through an associated Mastercard debit card, ensuring no conversion or exchange fees are charged, and offering up to 2% cash back on purchases. Bleap is currently testing with select EU users, with plans for a full public rollout in Q1 2025, and the token is expected to launch in 2026.