Trace Finance raised $32M USD Series A, led by @CoinFund.
We're scaling regulated banking + stablecoin settlement across the US, Brazil, and APAC.
$10B+ already moved. Here's the story 🧵
We’re excited to announce that we led Trace Finance's $32M Series A.
@FinanceTrace brings the power of stablecoin payments to emerging markets in Brazil and across Latin America.
Read more from @Yogita_Khatri5 at @TheBlockCo: https://t.co/balgguE6I3
One of Latin America's biggest stablecoin players just raised $32M. 👏
@FinanceTrace has processed $10B+ in cross-border volume, helping connect Brazil's banks with global stablecoin settlement.
Backed by @coinfund, @cbventures, @HaunVentures & @Paxos.https://t.co/eHPf8BKVe0
Introducing MGUSD.
MoneyGram's native U.S. dollar stablecoin.
Natively issued on @StellarOrg.
Built with @Stablecoin, @M0 and @FireblocksHQ.
Live in the U.S. today.
Digital assets are becoming a core part of the future financial system. Abra is building regulated, institutional-grade crypto wealth management to meet that demand, from custody and yield to lending and trading.
Appreciate @FranciscoMemor and @CoinDesk covering our plan to go public on Nasdaq.
https://t.co/XshkHVniaW
Abra CEO @billbar joins @NPetallides to discuss the company entering a business combination agreement with New Providence Acquisition Corp. III (NPACU) to become a publicly traded company on Nasdaq under the ticker ABRX.
He also discusses the company offering a comprehensive infrastructure for digital asset wealth management and why it is a growth opportunity as the world moves toward a tokenized, digital‑assets‑based financial system.
For more market news, tune in at: https://t.co/wjXDz2bX7h
WATCH: CEO Bill Barhydt (@billbar) says the timing for @AbraGlobal's SPAC merger couldn't be better.
"The interest in the wealth management space for digital assets has ballooned... we think the time here is now for us."