Speed, Inc., a global payment infrastructure company, built by an indian team, has secured $8 million in strategic funding from Tether, the issuer of USDT and USAT, and ego death capital, a venture fund focused on Bitcoin infrastructure. The investment will accelerate the company's mission to make Bitcoin and stablecoins viable for everyday commerce through the Lightning Network.

Founded by serial entrepreneurs Niraj Patel and Jayneel Patel, Speed emerged from a practical observation: despite crypto's promise of instant global money movement, real-world usage remained slow, expensive, and fragmented.