Coinbase, Sony and Samsung back stablecoin startup Bastion in $14.6M raise
Coinbase Ventures led a $14.6 million round for Bastion, a startup providing white-label stablecoin issuance with backing from Sony, Samsung, A16z and others.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Coinbase Ventures led a $14.6 million round for Bastion, a startup providing white-label stablecoin issuance with backing from Sony, Samsung, A16z and others.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Central Bank of Ireland Fines Coinbase Unit €3.25 Million Over Customer Fund Safeguarding Failures
Bitcoin Magazine Central Bank of Ireland Fines Coinbase Unit €3.25 Million Over Customer Fund Safeguarding Failures The Central Ba...
Coinbase Ireland Admits Breaches, Takes $3.64 Million Penalty Over Underfunded Customer Account
Coinbase Ireland Limited, the exchange’s Irish e-money unit, has admitted breaching rules meant to protect customer cash and accep...
Central Bank of Ireland fines Coinbase €3.25 million over customer fund safeguarding failures
The fine highlights the increasing regulatory scrutiny on crypto firms, emphasizing the need for robust governance and compliance...
SoFi Launches an Interest-Bearing Tokenized Deposit That Converts Into Its SoFiUSD Stablecoin
SoFi Technologies on Thursday rolled out an interest-bearing tokenized deposit called SoFi Earn, or SOFIE, giving members of its c...
Strategy spent record cash on STRC buybacks at its worst price yet
Michael Saylor’s BTC company Strategy told investors that its STRC share buybacks would “taper” as STRC neared $100 per share. How...
Shinhan Card, SBI-Affiliated Crypto Firms Plan Yen Stablecoin Tests for In-Store Payments
Shinhan Card, the credit card arm of South Korea’s Shinhan Financial Group, signed a memorandum of understanding with two Japanese...