According to PANews, real-time payment protocol Sablier has announced the completion of a $4.5 million seed funding round. Participants in the round included A Capital, Fenbushi Capital, WAGMI Ventures, GD1 web3, Cyfrin, DCV, Founderheads, and angel investors Daniel Bar, Ben Middleton, and Evan. In addition, Sablier has also received funding from the a16z crypto startup accelerator, although the specific amount has not been disclosed.
Sablier primarily provides on-chain token distribution and cash flow solutions and has previously deployed its protocol on the Optimism, Arbitrum, and Avalanche networks.