Tempo Raises $500 Million in Series A Funding Led by Greenoaks
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Funding and Valuation: Tempo has raised $500 million in a Series A funding round led by Greenoaks and Thrive Capital, achieving a valuation of $5 billion, indicating strong market interest in stablecoin-centric blockchain infrastructures.
Strategic Shift in Focus: The company is shifting its focus towards real-world payment applications and stablecoin integration, with new technical leadership emphasizing technological advancement and potential impacts on both crypto and traditional financial systems.
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.
