BlockBeats news, on October 16, according to The Block, stablecoin developer Hermetica completed a $1.7 million seed round of financing, led by UTXO Management, CMS Holdings, Ethos Fund, Trust Machines SPV, Newman Capital, Silvermine and a group of angel investors Ginseng Investment, Hermetica issues income-generating synthetic U.S. dollar USDh on the Bitcoin network.
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