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Startup Hercle raises $10 million to build out stablecoin-based global money transfers
Yahoo Finance·2025-10-29 20:00

Gabriele Sabbatini notes that, even in an age of instant communication, moving money around the globe is often slow and expensive. That’s why he started Hercle, a firm that uses stablecoin technology to make global transactions more efficient. On Wednesday, Hercle announced it has raised 10millioninanequityroundledbyFPrime,aglobalventurecapitalfirm.Italsoraiseda10 million in an equity round led by F-Prime, a global venture capital firm. It also raised a 50 million credit facility to support global expansion. Sabbatini declined to disclose Hercle’s valuation. The name Hercle i ...