Stablecoin infrastructure Cyclops completes $8 million funding, with participation from Castle Island Ventures and others

According to Fortune, stablecoin infrastructure company Cyclops announced the completion of an $8 million funding round, with the valuation undisclosed, with participation from Castle Island Ventures, F-Prime, and Shift4 Payments.

Cyclops is dedicated to building a layer of infrastructure to accelerate the adoption of stablecoins. Cyclops co-CEO Alex Wilson stated, "Our vision and goal is to be the first platform that payment companies think of when building various stablecoin solutions."