Stablecoin infrastructure firm Cordant raises $8M in seed funding

Cordant, a stablecoin and digital-asset financial infrastructure firm, said it raised $8 million in seed funding. Participants in the round included BanklessVC, FJ Labs, SignalFire, Kuona, NextStage, Celer Ventures, FlatironX, Nascent Ventures, SilverCircle Ventures and Generative Ventures. The company did not disclose how it plans to use the funds.