Cap Secures $8M to Accelerate the Development of Its Stablecoin Engine

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Authors

Nicholas Kitonyi

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https://www.nftgators.com/cap-secures-8m-to-accelerate-the-development-of-its-stablecoin-engine/

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Cap raised $8 million

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Stablecoin engine developer Cap has raised $8 million in a funding round backed by Franklin Templeton, Triton Capital and others. The fundraising brings the total raised to $11 million, following a previous funding round of $3 million.

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Cap’s platform allows users to generate passive interest (yield) from other tokens.

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