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Shield

Shield, a crypto neo-bank, has raised a $5 million seed round led by Giant Ventures to help businesses send and receive money across borders more quickly and affordably. CEO Emmanuel Udotong told TechCrunch that he and his team launched Shield as mainstream uses for crypto were scarce, while “bad actors” were dominating the space. Shield’s goal, he said, is to bring blockchain into the real economy by solving real-world problems. How Shield Works Shield was founded in 2022 by Udotong, his brother Isaiah, and their college friend Luis Carchi. The