CoinFund, Coinbase Back Stablecoin Payments Startup Trace Finance in $32 Million Raise – Decrypt

Jun 17, 2026 - 20:30
CoinFund, Coinbase Back Stablecoin Payments Startup Trace Finance in $32 Million Raise – Decrypt
In brief Trace Finance raised a $32 million Series A round led by CoinFund, with backing from Coinbase Ventures, Haun Ventures, and more. The funding comes as Brazil reclassifies cross-border crypto flows as foreign-exchange operations, pushing institutional volume toward bank-grade providers like Trace. The company plans to use the funds to expand beyond its U.S.-Brazil...

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0