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Metal raises nearly $50M in seed round led by Airwallex and Capital 49 to build infrastructure for tokenized financial products and stablecoin payments.
Amount Raised
$50 Million
Round Type
Seed
New YorkInformation TechnologySoftwareArtificial IntelligenceMachine LearningInvestors
Description
Metal, a company building infrastructure for tokenized financial products and stablecoin payments, raised nearly $50 million in its seed funding round. The round was led by Airwallex and its venture capital arm, Capital 49, as joint leads. Co-founded by Melbourne-based entrepreneur Loong Wang and former Meta executive Catherine Porter, Metal is expanding its presence in the United States market. The funding will support the company's development of blockchain-based financial infrastructure.
Fundz sees it the moment Metal raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Metal raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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