MobileCoin, a privacy-oriented and mobile-first cryptocurrency project, recently raised $66 million in to build out its payments technology in a round participated in by Sam Bankman-Fried’s Alameda Research, Coinbase Ventures, BlockTower Capital and other investors. The funding’s intended use is to build out a crypto chatbot service called MOBot, merchant services support, and a stablecoin pegged to the U.S. dollar.
Source: MobileCoin raises $66M to build out Privacy-Focused Payments Tech
