Fluid Protocol, the developer of the stablecoin USDF on the Fuel network, has completed a $3.90 million seed round funding.

According to Foresight News and reported by The Block, Fluid Protocol, the stablecoin developer of the Fuel Network, has completed a $3.90 million seed round financing, with participation from Bloccelerate, Animoca Ventures, CMS Holdings, Maelstrom, Veil VC, Builder Capital, Infinity Ventures, RockTree Capital, Wise3 Ventures, Stake Capital, and Relayer Capital.

The developers of the Fuel network stablecoin USDF, Fluid Protocol, have completed a $3.90 million seed funding round.