PANews November 28 news, according to The Block, the 'blockchain bank account' Bleap founded by former Revolut employees Joao Alves and Guilherme Gomes has completed a $2.3 million seed round financing, led by Ethereal Ventures. Other participants include institutions such as Maven11, Alliance DAO, and executives from Revolut, Phantom, and OKX. After this round of financing, the company's valuation reached $10 million.
Bleap is a self-custodial stablecoin payment application that allows users to make stablecoin payments through a linked Mastercard, enjoying zero conversion fees and up to 2% cashback. The application is based on the Ethereum Layer 2 network Arbitrum and supports stablecoins such as USDC and USDT, with plans for a full launch in Q1 2025. Bleap combines blockchain technology with banking services, offering decentralized finance (DeFi) yields and fee-free global transfer services. In addition, Bleap is registering as a Virtual Asset Service Provider (VASP) in Poland and plans to launch its own token in 2026.
