Rhythmic, a provider of stablecoin-based payment infrastructure, has successfully raised $4 million in a seed funding round. The investment was led by Dragonfly and HadickM, with additional participation from Mirana and The Fintech Fund. The company, founded by former payment and digital asset professional Aaron, aims to develop a financial infrastructure platform for consumer internet companies.
Rhythmic's platform integrates accounts, stored value, cards, and rewards systems directly into products, utilizing stablecoins for fund transfers and settlements. This approach allows users to manage balances, receive rewards, and make purchases without directly interacting with wallets or stablecoins. The newly acquired funds will be used to enhance the core platform, establish partnerships, and expand the engineering and compliance teams.
Rhythmic Secures $4 Million in Seed Funding Led by Dragonfly and HadickM
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