PANews, October 23, reported by The Block, that the blockchain-based payment company Borderless.xyz has completed a $3 million Pre-Seed funding round, led by Amity Ventures, with angel investors including Talos founder Anton Katz and Fireblocks founder Michael Shaulov.

It is reported that Borderless.xyz aims to develop payment infrastructure that allows global fund transactions between stablecoins, real-world assets, and other 'internet-native currencies' with fiat currencies. The company operates in over 50 countries and accepts 23 currencies.