Terra digs into $32m seed round

Aug 30, 2018 • Thierry Heles

US-based price-stable digital currency developer Terra closed a $32m seed round yesterday co-led by cryptocurrency exchanges Binance Labs, OKEx, Huobi Capital and Dunamu.

Polychain Capital, FBG Capital, Hashed, 1kx, Kenetic Capital, Arrington XRP Capital, TransLink Capital and a range of unnamed investment funds have backed the round.

Huobi and Dunamu provided capital through their respective corporate venture capital units Huobi Capital and Dunamu & Partners.

Terra is working on a digital currency that relies on blockchain technology to power a…

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