Rhythmic completes $4 million seed round financing, led by Dragonfly

Prepayment and digital asset practitioner Aaron announced that his company Rhythmic has completed a $4 million seed round of financing, led by Dragonfly, with participation from Mirana, The Fintech Fund, and others.

Rhythmic is building a financial infrastructure platform for consumer internet companies, allowing accounts, stored value, cards, and reward systems to be embedded in products in a "native" form, with stablecoins facilitating the flow of funds and settlement at the core. The user interface only reflects "holding a balance, earning rewards, and spending freely," without the need to directly interact with wallets or the concept of "using stablecoins." This round of financing will be used to enhance the core platform, connect with the first batch of partners, and expand the engineering and compliance teams.