Settlement and clearing blockchain firm Clear secured $13 million in a Series A round to build a high-volume transaction system for payments between telcos, reported TechCrunch.
The funding round was led by Eight Roads (Fidelity) along with Telefónica Innovation Ventures, Telekom Innovation Pool of Deutsche Telekom, HKT and Singtel Innov8.
In a statement, Clear commented on the funding: “This new capital will help us to scale operations, grow our team, enhance adoption in the telecom space and look into new implementations in new markets.”
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