Finance
Stripe's Tempo Blockchain Achieves $5B Valuation After $500M Funding Round
The newly launched Tempo blockchain by Stripe raises $500 million, reaching a valuation of $5 billion shortly after its announcement.
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The newly launched Tempo blockchain by Stripe raises $500 million, reaching a valuation of $5 billion shortly after its announcement.
Dankrad Feist, a prominent figure from the Ethereum Foundation, transitions to Tempo, a Stripe project focusing on payment and stablecoin solutions while maintaining his advisory role.
Christian Catalini expresses concerns that corporate-focused blockchains like Stripe’s Tempo may undo the ideals of decentralization championed by Libra.
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