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Stripe’s Tempo Raises $500M to Power the Future of Payments

Stripe’s Tempo Raises $500M to Power the Future of Payments

Author:

Global Cryptocurrency

Published:

2025-10-18 12:23:02

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BTCCSquare news:

Stripe’s Tempo has secured $500 million in a Series A funding round led by Green Oaks and Thrive Capital, valuing the blockchain-based payments project at $5 billion. The layer-1 network, designed for high-scale financial applications, underscores growing institutional confidence in crypto infrastructure.

CEO Patrick Collison revealed Tempo’s development in early September, citing limitations in existing blockchains for stablecoin and crypto payments. Paradigm CTO Georgios Konstantopoulos confirmed Core contributors from Ithaca’s open-source projects are joining the initiative.

The funding round signals accelerating institutional adoption of blockchain payment solutions. While Tempo’s launch timeline remains undisclosed, its focus on real-world financial applications positions it as a potential disruptor in the payments landscape.

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