News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

Usual Labs raises $7m in new funding

Paris based stablecoin protocol raised $7m in new funding led by IOSG Ventures and Kraken Ventures.

“Usual is dedicated to delivering a stablecoin that upholds a higher standard of safety for its users."

Kravata raises $3.6m in Seed funding

Colombia based cross-border payment and stablecoin conversion startup raised $3.6m in Seed funding led by Volt Capital.

Co-founders Felipe and Juliana Montes aim to tap into a high demand for comprehensive transaction solutions, positioning Kravata among...…

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Ethena Labs raises $14m in Seed funding

Portugal based developer of the USDe stablecoin raised $14m in Seed funding led by Dragonfly.

The approach ensures that "losses or gains by either position are offset to provide a dollar-denominated return profile," Ethena said....…

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SocGen’s crypto unit debuts euro-pegged stablecoin

The stablecoin marks the first time a regulated European bank has made a euro-pegged stablecoin available on a crypto exchange.

“Stablecoins bridge the gap between traditional fiat currencies and cryptocurrencies — offering the best of both worlds due to their...…

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CFX Labs raises $9.5m in Seed funding

Chicago based stablecoin settlement network raised $9.5m in Seed funding from Shima Capital.

"CFX Labs has the potential to reshape the multi-trillion dollar global payments market through its vertically integrated platform that...…

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