Today, we’re excited to announce that Sequoia and Multicoin co-led a $6M funding round for TipLink, a Solana-based crypto payments startup. This investment marks an important milestone for both companies as it will help them expand their reach in the cryptocurrency space.
TipLink is on a mission to make digital asset payments easier and more secure than ever before. The platform allows users to send money instantly with minimal fees using cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Litecoin (LTC). The company also offers its own native token, TIPLK, which can be used within the network or exchanged into other currencies like USDT or USDC through decentralized exchanges like Uniswap V2 or Binance Smart Chain DEXs.
The new capital injection from Sequoia and Multicoin will enable TipLink to further develop its technology stack while expanding into new markets globally. It’ll also allow the team behind it access valuable resources that come along with being backed by some of Silicon Valley’s most prominent venture capitalists – something they wouldn’t have been able to achieve without this strategic partnership between two leading firms in the industry today.
In addition, this investment serves as yet another example of how blockchain technology is becoming increasingly mainstream – providing real solutions for everyday problems faced by people all around world when dealing with financial transactions online securely & safely . We look forward seeing what comes next from TipLink!
