Rhythmic Secures $4 Million Funding to Enhance Stablecoin Platform

Stablecoin financial platform Rhythmic has successfully raised $4 million in a funding round led by Dragonfly and Rob Hadick. According to Foresight News, other participants in the investment include Mirana Ventures, Nik Milanovic, The Fintech Fund, Matthew Homer, and The Venture Dept. The funds will be allocated towards developing the core platform and expanding the team. Rhythmic aims to provide brands with seamlessly integrated financial products through its stablecoin infrastructure. These offerings include balance holding, earning rewards, and spending capabilities.