Trace Finance Raises $32 Million Series A to Expand Stablecoin Payment Infrastructure

• Trace Finance raised $32 million in a Series A round led by CoinFund.
• The company focuses on cross-border payments using stablecoins and regulated banking infrastructure.
• The raise comes amid rising investment activity in stablecoin settlement networks.
• Trace plans to expand beyond Brazil and the U.S. into broader Latin American and Asia-Pacific markets.
• The company says it has processed more than $10 billion in transaction volume since launch.

Growing Interest in Stablecoin Payment Infrastructure

Stablecoin infrastructure provider Trace Finance has raised $32 million in Series A financing, joining a growing list of companies attracting investor interest as blockchain-based payment networks move closer to mainstream financial services.

The funding round was led by CoinFund, with participation from Coinbase Ventures, Haun Ventures, Jump Capital, Paxos, Valor Capital Group, HOF Capital and several other crypto-focused investors. The company also attracted backing from prominent figures in payments and digital assets, including Circle co-founder Sean Neville and Solana co-founder Anatoly Yakovenko.

The investment reflects a broader shift in the digital asset sector, where venture capital firms are increasingly targeting infrastructure providers that enable stablecoin payments rather than speculative crypto applications.

While stablecoins were initially associated with cryptocurrency trading, they are now being adopted for international settlements, treasury operations and business-to-business payments. That trend has created demand for firms capable of connecting blockchain networks with regulated financial systems, while also driving growth across emerging markets, including Latin America, Asia-Pacific and Stablecoin payments Africa ecosystems, where businesses are increasingly seeking faster and lower-cost cross-border settlement solutions.

Building Payment Rails Between Banking and Blockchain

Founded in 2021, Trace Finance operates infrastructure that allows businesses to move funds across borders using stablecoins while maintaining access to local banking networks, foreign exchange services and compliance controls. The company’s approach reflects growing demand for STRC-Based Stablecoin Infrastructure and other regulated settlement frameworks that combine blockchain efficiency with traditional financial services, helping institutions manage cross-border payments more effectively.

The company first focused on transactions between the United States and Brazil, one of Latin America’s largest remittance and trade corridors. It has since expanded its network to support operations in other regional markets. According to company disclosures, Trace has processed more than $10 billion in cross-border volume and serves major payment companies operating in Latin America.

The new funding is expected to support:

• Expansion into additional Latin American markets
• Regulatory licensing efforts in new jurisdictions
• Development of new settlement products
• Growth across Asia-Pacific financial hubs
• Hiring and operational scaling

The company said its workforce has nearly doubled this year, growing from 25 to 48 employees.

Stablecoin Infrastructure Emerges as Venture Capital Hotspot

The raise comes during a period of heightened investment activity in the stablecoin infrastructure sector. Over the past year, investors and financial institutions have shown increasing interest in companies building the technology layer that enables stablecoin payments. Rather than competing with banks, many of these firms position themselves as infrastructure providers that integrate blockchain settlement into existing financial systems. This trend is also influencing discussions around the Future of digital payments in Europe, where regulators, financial institutions and fintech companies are exploring how digital assets and blockchain-based settlement networks can coexist with traditional payment infrastructure.

Recent industry developments include:

• Stripe’s acquisition of Bridge for approximately $1.1 billion
• Mastercard’s planned acquisition of BVNK
• Growing participation by banks and payment processors in stablecoin settlement initiatives
• Expanding regulatory frameworks governing stablecoin usage

The trend suggests that investors increasingly view payment infrastructure as one of the more commercially viable areas of the digital asset industry.

Regulatory Developments Shape Market Opportunity

Trace’s fundraising also comes as regulatory frameworks for digital asset payments continue to evolve. Brazil has become one of the most active stablecoin markets in Latin America, driven by demand for lower-cost international transfers and faster settlement. Recent policy changes have brought greater regulatory oversight to cross-border crypto-related payment activity, encouraging institutions to work with licensed providers.

Industry observers say these changes could benefit infrastructure firms that already maintain compliance programs and banking relationships, particularly as larger financial institutions enter the market. The challenge for providers such as Trace will be expanding internationally while navigating different regulatory requirements across multiple jurisdictions. Markets including Singapore, Hong Kong, Japan and South Korea have all introduced distinct approaches to digital asset oversight, making compliance a critical factor for expansion.

As stablecoins become more integrated into global payments, investors appear increasingly focused on companies building the underlying infrastructure rather than the digital assets themselves. Trace Finance’s latest funding round underscores that shift and highlights the growing competition among firms seeking to modernize cross-border money movement.

FAQs

1. How much funding did the company raise?
The company raised $32 million in a Series A funding round led by CoinFund.

2. Why are investors interested in stablecoin infrastructure?
Investors see growing demand for faster and lower-cost international payments that connect blockchain settlement systems with traditional financial institutions.

3. Which regions are part of Trace Finance’s expansion strategy?
The company is targeting additional Latin American markets and plans to expand into Asia-Pacific financial centers.