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Boundary Raises $2M Pre-Seed For USBD Stablecoin Launch

Boundary reveals it has raised pre-seed round from industry players to prepare for their launch of their upcoming USBD stablecoin.

New venture raise for the institutional adoption of stablecoins (Pixabay)

New venture raise for the institutional adoption of stablecoins (Pixabay)

Boundary raises $2M in a pre-seed round.

Boundary has officially secured $2M in capital funding to prepare for the upcoming USBD stablecoin. This round was led by Galaxy Ventures, with participation from Blackwood and FirstBlock Capital. Boundary protocol is aiming for a $100M in TVL later this year.

Boundary is among the latest stablecoin ventures coming up in the space, with Galaxy set as a strong backer to help scale their operations. The company is aiming to appeal to institutions migrating onchain, and is also offering a native staking product in sUSBD.


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