Tempo Raises $500M Series A at $5B Valuation to Build Stripe‑backed Stablecoin Chain

Deal Summary

Tempo, a Stripe‑backed Layer‑1 optimized for stablecoin payments and RWAs, raised $500M in a Series A at a $5B valuation. The round was led by Green Oaks and Thrive Capital; Tempo’s launch date is not yet announced.