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Trace Finance closes $32 million Series A to scale stablecoin infrastructure across Latin America and Asia-Pacific
Jun 17, 2026
< 1 min read
by Opeyemi Olanrewaju
for CryptoPolitan
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AI Overview
Trace Finance raised $32 million in a Series A led by CoinFund with participation from Coinbase Ventures, Paxos and Chainlink Labs to expand its stablecoin settlement infrastructure beyond Brazil into Latin America and Asia-Pacific. The funding is aimed at accelerating stablecoin-based cross-border payments and broader crypto and DeFi adoption by improving settlement efficiency and integrations with CEXs and institutional payment rails.
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Cross-border payments solutions company, Trace Finance, has raised $32 million in a Series A round led by CoinFund to expand its stablecoin settlement infrastructure beyond Brazil into wider Latin American and Asia-Pacific markets. The round involved big players like Coinbase Ventures, Paxos, and Chainlink Labs, and intends to use this investment to better its stablecoin...
