<ul><li>Raise, a leader in the global gift market and pioneer in blockchain-powered payments and loyalty, announced the successful close of a $63 million funding round.</li><li>The funding will be used to further develop its proprietary blockchain-backed gift card program, Smart Cards, and expand the Retail Alliance Foundation, its non-profit coalition dedicated to uniting global retailers and brands to create a more secure, interoperable, and fraud-resistant gift card network.</li><li>With the funding, Raise's total funding has now reached over $220 million, with previous investments from Accel, Paypal, and New Enterprise Associates (NEA).</li><li>The introduction of blockchain-powered gift cards marks the culmination of over a decade of work to reshape how consumers value, use, and trust gift cards.</li></ul>

Raise Secures $63 Million to Transform the Payments and Loyalty Industry with Blockchain-Powered Gift Cards

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