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a16z-Backed Shield Raises $5M for Crypto International Transactions
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Shield crypto startup raises $5M to facilitate global business in crypto.
Crypto neo-bank Shield, backed by Andreessen Horowitz, secured $5 million in seed funding led by Giant Ventures to streamline international business payments using cryptocurrency. The platform aims to reduce cross-border friction for SMEs by enabling fast, low-cost transfers. This funding underscores growing investor interest in blockchain solutions amid regulatory clarity in digital assets.