Stripe-backed Tempo blockchain raises $500M Sequence A with a $5B valuation to spur payments-oriented Layer 1 innovation with main companions.
The payment-optimized blockchain developed by Stripe and Paradigm, Tempo, just lately raised 500 million in a Sequence A spherical.
Thrive Capital and Greenoaks had been the lead buyers, and so they had been joined by Sequoia Capital, Ribbit Capital, and SV Angel. Though Stripe and Paradigm had been the leaders of the venture, they failed to speculate further funds on this spherical.
The transaction would worth Tempo at round 5 billion {dollars} by making it one of many richest new gamers in blockchain stablecoin infrastructure.
A Funds-Centered Blockchain Constructed for Actual-World Finance
Tempo is an Ethereum-compatible Layer 1 blockchain, which is optimized to help high-throughput funds and settlement performance.
The venture is aimed toward harmonizing with legacy fintech fee rails, versus decentralized finance protocols.
Nonetheless, after the venture was introduced in September 2025, Stripe CEO Patrick Collison mentioned that Tempo was an L1 payments-focused venture that was optimized to real-world monetary providers workflows.
Main Partnerships Sign Robust Market Confidence
Tempo has just lately attracted main company companions reminiscent of OpenAI, Shopify, Visa, Anthropic, and Deutsche Financial institution, a sign of its formidable plan to remodel the fee infrastructure.
The transfer is spearheaded, in a tactical resolution, by the co-founder of Paradigm, Matt Huang, who can be on the board of Stripe.
The community can be rising its engineering employees and, most just lately, Ethereum Basis researcher Dankrad Feist has joined the Tempo venture as a senior engineer and introduced up Tempo’s dedication to permissionless rules primarily based on Ethereum.
Stripe’s Deepening Crypto Ambitions
The newest spherical of funding additional confirms the funding of Stripe in cryptocurrency and blockchain innovation.
Inside the final 12 months, Stripe has acquired strategically, together with Bridge, a stablecoin infrastructure firm that it just lately purchased at 1.1 billion and Privy, a crypto-wallet firm.
As well as, Stripe has included the Base Layer 2 community by Coinbase as part of its crypto funds stack, which highlights its rising presence in digital funds.
Tempo is ready to fill the transition between previous fee expertise and new blockchain expertise.
The results of this new capital injection is a wave of vitality into the roadmap of the venture to develop and drive the digital motion of cash that’s optimized to fulfill compliance and scale, and which might be enticing to enterprises and monetary establishments.