Stablecoin payment infrastructure platform Zynk completes $5 million seed round financing

Stablecoin payment infrastructure platform Zynk has completed a $5 million seed round financing, led by Hivemind Capital, with participation from institutions such as Coinbase Ventures.

Zynk stated that it will use the new funds to expand its payment channels, enhance liquidity and compliance infrastructure, and establish partnerships with major payment service providers.