Stablecoin developer Bima Labs completes a $2.25 million seed round financing, led by Portal Ventures.

Stablecoin developer Bima Labs has completed a $2.25 million seed funding round led by Portal Ventures. The funding round also includes investments from Draper Goren Blockchain, Sats Ventures, Luxor Technology, Core DAO, and Halo Capital. Additionally, angel investors such as Ryan Fang from Ankr, Brian Crain from Chorus One, Jeffrey Feng from Sei Labs, and Smokey from Berachain have participated. The raised funds will primarily be used for recruiting new team members.