Meow Raises $5M to Connect Corporate Treasurers to Crypto Markets

Meow Raises M to Connect Corporate Treasurers to Crypto Markets
Meow has raised $5 million in a seed round of funding from Coinbase Ventures, Gemini Frontier Fund and Lux Capital, among others.Founded by a team of crypto veterans and former Gemini engineers, Meow is focused on developing a compliant-first approach to corporate treasury participation in crypto markets. The company says it can offer some protection from the risks of inflation, as well as provide crypto-sourced yield in fiat (USD), which is the way corporate treasurers are used to operating.How it worksCorporate treasuries deposit cash and Meow partners with institutional crypto lending desks to make short-term high yield loans. Meow then…