bleap

According to The Block, former Revolut executives Joao Alves and Guilherme Gomes have completed a $6 million seed round financing to expand their blockchain banking account project Bleap. This round of financing was led by Blossom Capital.Bleap is a self-custody on-chain financial application, and the company plans to use this new funding to develop yield vaults, expand on-chain trading capabilities, and drive business growth in the Latin American and European markets.

ChainCatcher news, according to The Block, the blockchain banking account platform Bleap, founded by former Revolut employees, has signed a strategic partnership with payment giant Mastercard. This collaboration will enable Bleap to leverage Mastercard's resources and global network, thereby accelerating its international expansion. The company stated that it will initially focus on developing the European market, followed by an entry into the Latin American market.Bleap is built on the Ethereum Layer 2 network Arbitrum, supporting fast, gas-free transactions, and utilizes PortalHQ's multi-party computation technology to replace traditional seed phrases with cloud storage and social logins. After creating a Bleap account, users can deploy a smart wallet supported by account abstraction (ERC-4337), allowing them to add stablecoins from external wallets or use fiat currency to purchase through Bleap's free cryptocurrency deposit and withdrawal services.

ChainCatcher message, according to the ranking surge data from the Web3 asset data platform RootData, as of November 29 at 18:00, Mr. Block ranked first with an increase of 1183 positions; Bleap rose by 1027 positions, ranking second; Tomarket increased by 1008 positions, coming in third.Additionally, the Web3 asset data platform RootData shows that Mr. Block's mission is to simplify cryptocurrency education and provide reliable crypto-related information for both novice and expert blockchain enthusiasts. Mr. Block aggregates market data from reliable sources, influencers, and various blockchain community members to effectively open access to the rapidly rising decentralized economy.It is reported that RootData has launched the first "Web3 Hot Project Ranking." This popularity ranking helps users capture the real pulse of attention through 4.3 million genuine user behavior data, improving the accuracy of user investment decisions. The ranking is calculated in real-time based on the platform users' search frequency, project click rates, user votes, and the popularity and influence on the X platform, among other weighted factors.

ChainCatcher news, "Blockchain Bank Account" Bleap has completed a $2.3 million Pre-seed funding round, led by Ethereal Ventures, with participation from Maven11, Alliance DAO, Robot Ventures, and Credibly Neutral, as well as key executives from angel investors Revolut, Phantom, OKX, EigenLayer, and Consensys.The funds will be used to help develop a self-custody payment application that allows customers to spend stablecoins in the real world through an associated Mastercard debit card, ensuring no conversion or exchange fees are charged, and offering up to 2% cash back on purchases. Bleap is currently testing with select EU users, with plans for a full public rollout in Q1 2025, and the token is expected to launch in 2026.