Atum raises $13.5M in funding round led by Variant

Stablecoin payments network Atum said it raised $13.5 million in funding. The round was led by Silicon Valley crypto venture capital firm Variant in the U.S., with participation from PayPal Ventures, Abstract Ventures, Road Capital, Mirana Ventures, First Commit and Credibly Neutral. The company did not disclose how it plans to use the proceeds.