Eversheds Sutherland has advised Levl, a unified platform enabling global fiat and stablecoin payments, on its USD 7 million seed financing round. The round was led by Galaxy Ventures with participation from Protagonist, Deus X, Blockchain Builders Fund, OpenFX, FalconX, CMCC, Variant Fund, and a strategic angel network including leaders from Revolut, Brex, Comun and others.
Levl provides infrastructure that enables businesses to collect, store, convert and move funds across borders, supporting both fiat currencies and stablecoins, including USDC and USDT. The platform is designed to make stablecoin powered payments accessible and operationally seamless for traditional businesses, while addressing regulatory and compliance requirements.
The new capital will support the expansion of Levl’s product offerings, which include B2B cross-border transfers, card and stablecoin payment processing, and lending solutions. Levl’s international presence currently spans London, New York, Canada and Switzerland.
The Eversheds Sutherland team was led by Partner David Smith (Frankfurt) and included Partners Xenia Garofalo (Washington DC), Andrea Baetscher (Geneva) and Michael Mosimann (Zug), Legal Director Martina Frick (Zürich) and Associates Ketzia Berger (Bern) and Svetlanna N. Espinosa Valdes (Washington DC).