Stripe's Tempo Secures $500M to Develop the Future of Payments Blockchain
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Funding and Valuation: Stripe has raised $500 million in a Series A funding round led by Greenoaks and Thrive Capital, increasing its valuation to approximately $5 billion, with participation from other notable investors like Sequoia Capital and Ribbit Capital.
Introduction of Tempo: The funding will support Stripe's initiative to launch Tempo, a custom-built layer-1 blockchain designed for large-scale financial transactions, addressing the need for optimized solutions for stablecoins and crypto payments in real-world finance.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






