Zulu, a cryptocurrency wallet software located in Bogota, Colombia, has received $5 million in a seed round to grow its customer base in Latin America. Cadenza Ventures, a startup venture capital firm, led the investment. A number of businesses and individual investors, such as Nexo Ventures, a fund that focuses on the web3, also actively participated. Zulu Focuses On Using Stablecoins In light of currency depreciation, Zulu focuses on utilizing stablecoins to make it simpler for those living in Latin America to save funds and send cross-border transactions to relatives and friends who are still there. The USD Coin app The post Zulu From Colombia Raises $5 Million in Seed Round appeared first on Cryptoknowmics-Crypto News and Media Platform .
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