Commonware Raises $25M to Enhance Blockchain Payment Solutions with Tempo's Backing

Commonware raised $25 million in a funding round led by Tempo to enhance blockchain payment solutions, reflecting a growing interest in real-world blockchain applications.

• Commonware, a startup company focused on blockchain infrastructure, secured $25 million to improve payment systems for real-world applications.
• The funding round was led by Tempo, a payments-focused blockchain network co-founded by Stripe, Inc. and crypto venture firm Paradigm in September.
• This investment in Commonware emphasizes the potential of open-source software in scaling blockchain technology for financial transactions.