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via Decrypt · By Decrypt Editorial
CoinFund, Coinbase Back Stablecoin Payments Startup Trace in $32 Million Raise
DE
Decrypt Editorial(07:17 PM UTC)
1 min read
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0 commentsIn brief
- Trace Finance raised a $32 million Series A round led by CoinFund, with backing from Coinbase Ventures, Haun Ventures, and more.
- The funding comes as Brazil reclassifies cross-border crypto flows as foreign-exchange operations, pushing institutional volume toward bank-grade providers like Trace.
- The company plans to use the funds to expand beyond its U.S.-Brazil corridor into other…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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