Trace Finance Secures $32 Million Series A Funding Led by CoinFund
Trace Finance has raised $32 million in a Series A funding round led by CoinFund with participation from Coinbase Ventures, Haun Ventures, and other crypto-focused investors. The company specializes in linking banks to stablecoin settlement networks for cross-border payments, particularly between Brazil and the U.S., as regulatory changes push institutional money toward regulated platforms.
