Enterprise crypto platform Orbital raised $6.4 million (5 million euros) in a funding round led by venture firm Golden Record Ventures. Additional investors included New Form Capital, GSRV and Luminous Futures. The funding will be used to expand Orbital’s product development — specifically, blockchain payment infrastructure for traditional businesses. The company allows traditional businesses to accept crypto payments from its customers and convert them into fiat currencies like the U.S. dollar, euro and British pound. The company claims to process $250 million in transactions every month for its clients.
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Source: Cryptocurrency - investing.com
