According to TechFlow, TheBlock reported that Web3 payment company Coinflow Labs raised $2.25 million in seed round financing, led by CMT Digital, with participation from Reciprocal Ventures, Jump Crypto, Draper Dragon, Digital Currency Group, etc. This round of financing brings Coinflow's total financing to $3.7 million after its pre-seed financing in early 2023.
Following this seed round, CMT Digital investor Sam Hallene will join Coinflow’s board of directors. Coinflow will use the funds to strengthen sales, engineering, compliance and other teams.
