BlockBeats News, July 8th, Cryptocurrency off-chain settlement platform BridgePort completed a $3.2 million seed round of financing, led by Further Ventures, with participation from Virtu, XBTO, Blockchain Founders Fund, Fun Fair Ventures, and Humla Ventures.
BridgePort provides a middleware solution that connects trading platforms, custodians, and trading firms. It aims to streamline fund allocation and post-trade processes, addressing issues such as the need for pre-funding, credit risk, and inefficient settlement through real-time messaging and collateral management.
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