Stripe-backed Tempo blockchain don raise $500M for $5B valuation
Tempo blockchain wey Stripe support don secure $500 million for Series A funding wey Greenoaks and Thrive Capital lead, valuation reach $5 billion. Tempo blockchain na Ethereum-compatible layer 1 blockchain wey dem optimize for high-throughput payment and settlement, e join traditional fintech rails instead of focusing on DeFi protocols. Since e launch for September 2025, Tempo don create business partnership with OpenAI, Shopify, Visa, Anthropic and Deutsche Bank. This year, dem accelerate the project roadmap by hiring Ethereum Foundation researcher Dankrad Feist as senior engineer and Stripe acquire stablecoin provider Bridge plus wallet startup Privy. The new money go help Tempo blockchain develop compliant, scalable digital money infrastructure for businesses and financial institutions.
Neutral
Di $500 million Series A and big big partnership dey show say institution them get strong support for Tempo blockchain payment setup, but e no get active native token yet. The money go boost long term growth chance, but without immediate token release or market tradable asset, e short term price effect remain neutral.