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Blockchain Payments Firm Borderless.xyz Complete $3 million Funding

Blockchain-based payments firm Borderless.xyz closed a $3 million Pre-Seed funding round led by Amity Ventures. CJ Reim, managing partner of Amity Ventures, will also join Borderless.xyz board after the funding. The company plans to use the funds to hire more engineers to expand its geographic reach and add liquidity to its global stablecoin payments network. Borderless.xyz develop payment infrastructure to support global financial transactions between stablecoins, real-world assets, and other "internet native currencies" and fiat currencies.