TLDR Tech / Fintech
Brazilian stablecoin infrastructure firm Trace Finance raises $32m
Brazil-based stablecoin infrastructure firm Trace Finance has raised $32 million in Series A funding to expand across Latin America, the US, and Asia-Pacific. The round was led by CoinFund, with participation from Coinbase Ventures, Haun Ventures, Jump Crypto, Valor Capital, Paxos, HOF Capital, and angels including Sean Neville, co-founder of Circle, Anatoly Yakovenko, co-founder of Solana Labs, Bam Azizi, CEO of Mesh, and Ricardo Villela Marino, partner and vice chairman of Latin America's largest bank, Itaú Unibanco.
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