Stripe’s Tempo Blockchain Closes $500M Series A To Hit $5B Valuation – Details
Striped-owned blockchain Tempo has now reportedly accomplished a Series A funding spherical, securing a complete funding of $500 million. The funding spherical was led by outstanding enterprise capitalist companies Greenoaks and Joshua Kushner’s Thrive Capital, representing the rising footprint of cryptocurrency in mainstream finance and world capital markets.
Tempo’s Valuation Climbs To $5B After Funding Round
In a new post on Friday, Fortune stories that Stripe’s Tempo has recorded a profitable Series A funding, pushing the blockchain’s valuation to $5 billion. In early September, Stripe introduced Tempo in partnership with crypto VC Paradigm as a layer-1 blockchain designed to allow stablecoin cost and enhance cost effectivity.
In Paradigm’s announcement statement, the agency’s co-founder and managing director, Matt Huang, gave precious insights on Tempo’s mission, saying:
We are excited to additional crypto’s means to sort out real-world use instances, together with world funds and payroll, remittances, tokenized deposits for twenty-four/7 settlement, embedded monetary accounts, microtransactions, agentic funds, and extra.
Tempo joins a listing of rising stablecoin-focused layer 1 blockchains, together with Circle’s Arc and Tether’s Plasma. Interestingly, its launch additionally comes following the adoption of a pro-crypto coverage by US President Donald Trump, resulting in a number of optimistic regulatory developments.
In July, President Trump notably signed the GENIUS Act, establishing a federally accepted framework to control the issuance and operation of stablecoins within the United States.
Tempo represents Stripe’s guess on dollar-backed stablecoin’s potential to emerge as a key participant within the world cost system. The blockchain mission is collectively designed with world business leaders, together with Deutsche Bank, OpenAI, Standard Chartered, and Revolut, amongst others.
Meanwhile, alongside Greenoaks and Thrive Capital, different individuals on this funding spherical included Ribbit Capital, Sequoia, and Ron Conway’s SC Angel. Notably, Paradigm and Stripe made no fairness contribution to this spherical.
Stripe Presses On With Crypto Ambitions
Beyond its funding in Tempo, Stripe’s enlargement into crypto has accelerated in 2025. In February, the billion-dollar firm acquired stablecoin startup Bridge for $1.1 billion, adopted by a June deal to buy crypto pockets firm Privy.
With Tempo, the cost firm seems to achieve a stronghold within the booming stablecoin market. While Stripe has not disclosed plans for a local Tempo token, the corporate has beforehand said plans to stay agnostic. The firm’s give attention to blockchain cost infrastructure places it in direct competitors with established stablecoin gamers like Circle and Tether, and main blockchain networks reminiscent of Ethereum, Solana, and Tron.
At press time, the overall stablecoin market cap is $316.52 billion with a each day buying and selling quantity of $238 billion.
