Holyheld, a leading Swiss crypto payments startup, today announced that it has secured funding to accelerate the BRRR protocol with investments from Toyota Ventures, TempleDAO, Tomahawk VC, Prismatic Capital, Zee Prime Capital, Polygon, Kosmos Ventures , Moonlanding Ventures, as well as angel investors from leading projects including Lido, Olympus, Dinero, Paragon, Superfluid, vfat, Inverse Finance, Daedalus, DCV, Generative Ventures and Vamient. Aiming to fulfill the critical infrastructure needed for users to instantly transact globally with merchants, Holyheld’s BRRR protocol aims to connect public blockchain networks, traditional payment networks, and card networks to create a layer world of real-time payments.
“This opportunity solidifies our market lead and fuels our drive to redefine how real-time payment clearing works,” said Anton Mozgovoy, CEO of Holyheld. “With our global stablecoin orchestration technology, we are well-positioned to transform the way users and businesses do business today with the payments of tomorrow.”
The BRRR protocol is used to power the Holyheld application, the European market leader in the Web3 payment application segment, which offers a cash account with a debit card accessible to residents of 30 European countries. Holyheld app users can connect any custodial wallet and use their cryptocurrency for everyday purchases. This allows consumers to engage in traditional behaviors, such as swiping or using a credit card or mobile device to make a payment, while users retain custody of their funds themselves.
“This funding is a critical step as we work to realize our vision of enabling crypto customers and fintechs to create new payment settlement and reconciliation solutions using crypto.” Dr. Anton Zagorodnikov, co-founder and CTO of Holyheld, added.
The new funding will allow Holyheld to continue expanding the protocol to more customers and payment networks around the world. Holyheld has integrated over a hundred leading crypto protocols across 15 blockchain networks. The company’s BRRR has also orchestrated over $100 million in volume since its launch in April 2023.
“Holyheld turns any custodial wallet into a personal IBAN and debit card, allowing users to have a frictionless digital wallet experience,” said Chris Abshire, Director of Toyota Ventures. “We are excited to work with the Holyheld team as they build the leading on-chain clearinghouse.”
To learn more about Holyheld, users can visit or BRRR
About Holyhold
Founded in 2022, Holyheld is committed to enabling crypto and fintech customers to create new payment settlement and reconciliation solutions using stablecoins. With offices in Zug, Switzerland and Vilnius, Lithuania, the company’s first product is a Web3 debit card that allows users to make traditional payments with digital assets. Holyheld’s Blockchain Reconciliation and Remittance Record (BRRR) protocol enables consumers who invest in blockchain-related assets to have significant real-world purchasing power. To learn more about Holyheld, users can visit or BRRR.
Contact
Holyheld Laboratories hello@holyheld.com
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