Raises

Paxos

Total Investments16

Infrastructure5

Payments3

Stablecoin Infrastructure2

CeFi1

RWA1

L11

Trading1

Stablecoin1

DeFi1

NameRoundCategoryDescriptionLead InvestorChainsOther Investors
Trace Finance16 Jun 2026$32mSeries AStablecoin InfrastructureTrace Finance is a cross-border payments and banking infrastructure platform that helps businesses move money through fiat and stablecoin rails. It provides FX services, crypto on/off ramps, local payment integrations such as PIX, corporate accounts, and APIs for international treasury operations across Brazil and Latin AmericaCoinFund
Coinbase Ventures, Haun Ventures, Jump Capital, Paxos, Chainlink, HOF Capital, Anatoly Yakovenko
Latitude31 Mar 2026$8mPaymentsLatitude is a stablecoin-powered payments infrastructure platform for cross-border payouts. It enables businesses to send USD, convert via stablecoin rails, and deliver local fiat in 50+ countries with fast settlement and transparent pricingNEA
Lightspeed Faction, Coinbase Ventures, Paxos, Solana Foundation
Coinbax22 Dec 2025$4.2mSeedPaymentsCoinbax is a stablecoin payments and settlement infrastructure for banks, fintechs, and enterprises. It provides programmable controls and automated settlement for compliant, real-time institutional payments using stablecoins and tokenized deposits.BankTech Ventures
Connecticut Innovations, Paxos, SpringTime Ventures
Crown14 Oct 2025$8.1mSeedStablecoinCrown (BRL) is a regulated digital finance platform that brings the Brazilian real on-chain through BRLV, a stablecoin backed by Brazilian government bonds. It offers auditable, compliant infrastructure for fintechs, enterprises, and developers to enable programmable payments, settlements, and tokenized asset operationsFramework Ventures
Valor Capital Group, Coinbase Ventures, Norte Ventures, Paxos
Digital Asset24 Jun 2025$135mStrategicInfrastructureDigital Asset is a leading innovator in blockchain technology, transforming traditional and digital financial markets with privacy-enabled solutions that improve capital flow and create a more efficient, fair, and resilient global systemDRW Venture Capital, Tradeweb
Logo of Canton Network
BNP Paribas, Circle, Citadel.one, Goldman Sachs, Liberty City Ventures, Optiver, Paxos, Polychain, Republic
XFX17 Jun 2025$9.1mSeedCeFiXFX is building the institutional infrastructure for cross-border settlementHaun Ventures
Castle Island Ventures, Oak HC FT, Maya Capital, Coinbase Ventures, Paxos, Bitso
Ubyx17 Jun 2025$10mSeedStablecoin InfrastructureUbyx is a startup focused on revolutionizing the stablecoin ecosystem by developing a global clearing and settlement network designed to enhance the adoption and utility of stablecoinsGalaxy Digital
Coinbase Ventures, Founders Fund, VanEck, Mirana Ventures, LayerZero, Paxos, Payoneer, Boku, Monerium
TrueX18 Sep 2024$9mSeedDeFi a new exchange using PayPal's stablecoin as its base from Ex-Coinbase and Circle Execs
RRE Ventures, Reciprocal Ventures, Paxos, Accomplice, Hack VC, Solana Foundation, Aptos Foundation
Arbelos Markets08 May 2024$28mPrivateTradingtrading firm providing principal liquidity across crypto derivatives marketsDragonfly Capital
Selini Capital, Breed VC, Room40 Ventures, FalconX, Circle Ventures, Paxos, P2 Ventures, Deribit, Chorus One Ventures, StarkWare, Immutable
Securitize01 May 2024$47mStrategic RWASecuritize enables digital securities, which are easier to own, simpler to manage, and faster to trade.BlackRock
Hamilton Lane, ParaFi Capital, Tradeweb Markets , Aptos Labs, Circle Ventures, Paxos
Alpen Labs10 Apr 2024$10.6mSeedInfrastructureBitcoin rollup infrastructureRibbit Capital
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Castle Island Ventures, Geometry Research, Village Global, StillMark, Paxos, Robot Ventures, Axiom, John Pfeffer, Charlie Songhurst, Ben Davenport, Ashwin Ramachandran, Charles Cascarilla, Waikit Lau, Eric Wall
Fordefi13 Feb 2024$10mSeed+Infrastructureinstitutional-grade crypto wallet service to retail-facing platformsElectric Capital
Paxos, Alchemy, Pantera Capital, DeFiance Capital, KeyRock, Flare Network
TipLink21 Feb 2023$6mSeedPaymentsCrypto paymentsMulticoin Capital, Sequoia Capital
Logo of Solana
Asymmetric, Big Brain Ventures, Circle Ventures, Karatage, Monke Ventures, Paxos, Solana Ventures, Vinny Lingham, Liu Jang, Sarah Guo
Aptos16 Mar 2022$200mStrategic L1a16z
Logo of Aptos
Multicoin Capital, Katie Haun, ParaFi Capital, IRONGREY, Hashed, Variant Fund, Tiger Global, BlockTower Capital, FTX Ventures, Paxos, Coinbase Ventures
Espresso Systems08 Mar 2022$32mSeries AInfrastructureEspresso Systems provides scaling and privacy systems for Web 3 applications.Greylock, Electric Capital
Sequoia Capital, Blockchain Capital, Slow Ventures, Polychain Capital, Alameda Research, Coinbase Ventures, Gemini Frontier Fund, Paxos, Terraform Labs
Espresso Systems30 Nov 2020$3.1mSeedInfrastructureEspresso Systems provides scaling and privacy systems for Web 3 applications.
Alameda Research, Balaji Srinivasan, Coinbase Ventures, Gemini Frontier Fund, Meltem Demirors, Paxos, Polychain Capital, Terra