Visa crypto veteran Pete Cooling launches Atum with $13.5M
Atum wants settlement providers to compete for stablecoin payments while it issues no currency, operates no blockchain and takes no custody of customer funds.
By RuntimeWire Staff · Published
Primary source: PR Newswire
Why it matters
Cooling is betting stablecoin fragmentation creates room for an independent routing layer. Atum's neutrality is credible by design; its harder task is recruiting enough payment demand and settlement liquidity to make that design useful.
Pete Cooling (@PeteCooling) launched Atum, a payments infrastructure company, on September 22nd with $13.5 million in funding.…
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