Cyclops announced that it has raised a $20M Series A led by Nava Ventures with participation from Castle Island Ventures, Coinbase Ventures, Circle, Lasagna Ventures and Global PayTech Ventures, helmed by Javier Perez, former President of Mastercard and founding investor in Adyen. As part of the round, Kevin Chenault of Nava Ventures joined the Cyclops board. Cyclops, founded by Alex Wilson, Pat Duffy and David Johnson, is the only stablecoin infrastructure company built exclusively for the payments industry.