CoinFund, Coinbase Back Stablecoin Payments Startup Trace Finance in $32 Million Raise
Stablecoin infrastructure firm Trace Finance said Wednesday that it raised a $32 million Series A round to help expand its reach.
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Coinbase is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
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Stablecoin infrastructure firm Trace Finance raises $32 million Series A, says valuation grew 10x from seed
CoinFund led the round, with Coinbase Ventures, Haun Ventures, Jump Capital, Paxos, Chainlink Labs and others participating.
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