Latitude announced a $35M Series A today led by
@oakhcft, with NEA, Coinbase Ventures, Lightspeed Faction and OpenFX participating. Total raised is now $43M.
Tomorrow,
@cyril_mathew, Co-Founder & CEO of Latitude
@rtp, tells the behind-the-scenes story on Stableminded Ep. 0060.
In this episode we cover:
> The 20-page memo he wrote when digital assets were banned at Stripe
> The first digital asset card from a major exchange
> The stablecoin payout pilot he ran with Twitter, and why nobody used it
> Why nobody could spend those payouts in Vietnam, Ghana or Colombia
> Why he doesn't think a dollar stablecoin works for everyone
> What it took to get the round done after a stretch of rejections