Stablecoin payment solution Tesser completes $4.5 million seed round financing

Jinse Finance reported that New York-based stablecoin payment solution Tesser has announced the completion of a $4.5 million seed round, co-led by Castle Island Ventures, Strobe Ventures, and Anthemis, with participation from a group of strategic investors. The new funds will support the development of its full-stack stablecoin payment platform, aiming to reduce cross-border payment delivery times for financial institutions to just a few hours.