Eco raises $26M in a16z-led round to scale its digital cryptocurrency platform

Eco raises $26M in a16z-led round to scale its digital cryptocurrency platform

Eco, which has constructed out a digital worldwide cryptocurrency platform, announced Friday that it has actually raised $26 million in a financing round led by a16z Crypto. Established in 2018, the SF-based startup’s platform is created to be utilized as a payment tool around the world for daily-use deals. The company emphasizes that it’s “not a […] Founded in 2018, the SF-based startup’s platform is created to be used as a payment tool around the world for daily-use transactions. Eco users can make up to 5% annually on their deposits and get 5% cashback on when negotiating with merchants such as Amazon, Uber, and others. CoinList co-founder Andy Bromberg stepped down from his role last fall to head up Eco. …