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AllScale has completed a $5 million seed round of financing, led by YZi Labs.
PANews, December 8—AllScale has completed a seed round of financing of approximately $5 million, led by YZi Labs (EASY Residency S2), with participation from Informed Ventures and Generative Ventures, and has established an ecological partnership with BNB Chain. AllScale positions itself as a self-custodial stablecoin "neobank," targeting global micro-businesses and freelancers, offering stablecoin payment and receipt, invoicing and settlement tools, supporting account abstraction and LLM financial assistants. Its key features include a passkey wallet without mnemonic phrases and a multi-chain "paymaster" for gas-free, low-latency payments. The platform is already integrated with BNB.
BNB-2.4%