Cordant, a digital asset financial infrastructure service provider, has completed an $8 million seed round, with FJ Labs and others participating in the funding round.

Svmuu News: Cordant, a provider of financial infrastructure services for stablecoins and digital assets, announced the completion of an $8 million seed round, with participation from Bankless VC, FJ Labs, SignalFire, Quona, Next Stage, Selah Ventures, Flatironx, Nascent Ventures, Silvercircle Ventures, and Generative Ventures. The new funding will support the launch of a new payment network and AI automation tools. Cordant is collaborating with financial institutions on product development, covering banking, payments, embedded finance, cross-border transactions, stablecoins, and digital assets. Among the investors are Bitso, a Latin American digital asset and payments platform, and blockchain infrastructure company Paxos, both of which are also serving as design partners. (Businesswire)