CoinFund leads $32M Series A for stablecoin cross-border payments firm Trace Finance
CoinFund's lead on a $32M round for a firm processing $10B+ in LatAm cross-border volume signals a thesis bet on regulated stablecoin settlement infrastructure as Brazilian regulators formalize FX treatment of crypto transfers.
Tracked by Lookout — an independent AI × Crypto desk. Coverage is research, not investment advice.
Related moves
Pantera Capital leads $6M seed round in TurboFlow, an APAC-focused prediction-markets and perpetuals platform
Pantera's lead check in TurboFlow signals continued conviction in prediction-market infrastructure tilting toward Asia-Pacific, where Kalshi and Polymarket have minimal regulatory footprint; $19B beta trading volume suggests product-market fit ahead of full launch.
Coinbase Ventures makes strategic investment in Re, onchain reinsurance protocol with $500M in premiums issued
Coinbase Ventures entering onchain reinsurance — a licensed entity with $500M in issued premiums — is a high-conviction RWA bet on one of the largest and most opaque traditional finance markets; strategic designation suggests board or advisory alignment beyond a purely financial check.
Coinbase Ventures invests in Multipli, the leading RWA tokenized credit protocol on Base with ~$300M AUM
Coinbase Ventures backing the top RWA protocol by AUM on its own chain via the Base Ecosystem Fund is a direct on-strategy move to reinforce Base as the preferred venue for tokenized real-world credit.
- FundingJun 17Gradient Network
Gradient Network raises $10M seed to build decentralized AI runtime on Solana, led by Pantera and Multicoin
Singapore-based Gradient Network secured $10M to run AI inference across distributed consumer devices rather than centralized data centers, using Solana for coordination and micropayments — a new entry in the decentralized compute sector worth tracking.