Reflect Money completes $3.75 million seed round financing, led by a16z CSX
BlockBeats News, on September 3, stablecoin project Reflect Money announced the completion of a $3.75 million seed round led by CSX Accelerator under a16z crypto, with participation from Solana Ventures, Equilibrium, BigBrain Holdings, and Colosseum.
The Reflect protocol tokenizes on-chain DeFi strategies, converting deposited USDC into interest-bearing "USDC+" while maintaining liquidity. Reflect will launch its mainnet in early September, with initial support for USDC on Solana.
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