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Dragonfly, Arthur Hayes Back $6M Round for New Stablecoin, Athena

“Athena is constructing the holy grail of secure cash: a coin that’s actually secure, decentralized and capital-efficient,” Tom Schmidt, normal accomplice at Dragonfly, mentioned within the press launch. “Secure cash have grown massively in recognition over the previous few years by offering entry to USD-denominated financial savings and remittances for individuals all over the world, however they’ve at all times been inefficient because of one among these three points. Athena has a profitable design that addresses these issues whereas additionally benefiting a wider user-base. We’re thrilled to accomplice with them to convey their imaginative and prescient to life.”

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