Crypto Recurring Payments Company Loop Closes $4 Million Seed Round Led by a16z

Loop, a crypto recurring payments company, has closed a $4 million seed round led by a16z with participation from A capital, Alchemy Ventures, CoinList and others. Loop aims to solve the crypto recurring payments problem by developing smart contracts that pay a certain amount of tokens to a target address on a regular basis.
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a16z

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