Stable coin payment network Atum completes $13.5 million seed round financing, led by Variant

Stable coin payment network Atum has completed a seed round financing of $13.5 million, led by Variant, PayPal Ventures、Abstract Ventures、Road Capital、Mirana Ventures、First Commit、Credibly Neutral Participate in investment. Atum does not issue stablecoins, operate blockchain, or manage funds. It provides a cross stablecoin and cross chain coordination layer for global fund flows, responsible for authorization, routing, and confirmation, and supports AI proxy payments through protocols such as x402 and MPP. Pete Cooling, founder and CEO of Atum, previously led the Visa encryption product team.