Stablecoin infrastructure startup Levl has completed a $7 million seed round financing, led by Galaxy Ventures

Stablecoin infrastructure startup Levl announced the completion of a $7 million seed funding round, led by Galaxy Ventures, with participation from Protagonist, Deus X, Blockchain Builders Fund, and others.

The company is dedicated to providing stablecoin payment infrastructure for digital wallets and fintech companies, having served over 20 clients with an annual transaction volume exceeding $1 billion. The founder stated that its platform can help clients achieve cross-border instant payments at a lower cost without the need to build complex systems. Levl plans to double its team size and focus on expanding into the Latin American and African markets.