Enterprise blockchain development company Settlemint receives investment from Hashgraph Group

DailyNews

2024-12-11 07:00:52

Odaily Planet Daily News According to Settlemint, a blockchain development company focusing on enterprise use cases, has received investment from Hashgraph Group (THG) associated with Hedera DLT, with the specific amount undisclosed. The latest funding round took place after the completion of a $16 million Series A round in 2022. It is understood that Settlemint already supports at least eight kinds of blockchain and will also add integration with Hedera. One of its products is middleware, which can abstract the details of DLT, thus speeding up the development of solutions. Many of Settlemint’s solutions focus on Supply Chain or finance.

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