According to reports from Wu, blockchain payment company Borderless.xyz has completed a $3 million seed round financing, bringing the total funding amount to $3.3 million.

This financing round was led by Amity Ventures, with participation from 9 angel investors including Anton Katz, founder of Talos, and Michael Shaulov, founder of Fireblocks.

Borderless.xyz is developing a global payment infrastructure that connects stablecoins, fiat currencies, and internet-native currencies to enable cross-border payments worldwide.

This round of financing will be used to expand the team, particularly to increase the number of engineers and enhance the liquidity of the global stablecoin payment network.