STACK has completed a seed round of financing of 3 million US dollars, led by ARCHETYPE.

Blockchain-based infrastructure development company STACK has completed a $3 million seed round of financing, led by venture capital firm ARCHETYPE. Other participants include COINBASE VENTURES, SCALAR CAPITAL, A.CAPITAL, BALAJI SRINIVASAN, NADAV HOLLANDER, HENRI STERN, COOPER TURLEY, and COLIN ARMSTRONG. STACK primarily builds a framework for distributing and tracking points on the blockchain, including point allocation, leaderboards, and trustless token exchange services, allowing users to exchange points for ERC-20 tokens, $ETH, or other assets. (THEBLOCK)