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Events / Business / Trace Finance raises $32M Series A
Business funding round

Trace Finance raises $32M Series A

Analysis based on 11 articles · First reported Jun 17, 2026 · Last updated Jun 18, 2026

Sentiment
70
Attention
4
Articles
11
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The funding round for Trace Finance is expected to positively impact the FinTech and cryptocurrency markets by advancing stablecoin infrastructure and cross-border payments. This expansion, particularly in emerging markets like Brazil, will likely increase institutional adoption of stablecoins and regulated financial services, potentially leading to more efficient and cost-effective global money movement. The involvement of major crypto venture firms and strategic backers signals confidence in the growth of regulated digital asset infrastructure.

Financial services FinTech Cryptocurrency
Event Summary

Trace Finance, a regulated financial infrastructure provider specializing in cross-border payments and stablecoin settlement, has successfully closed a $32 million Series A funding round. The round was led by CoinFund, with significant participation from VSR Ventures Private Limited, VSR Ventures Private Limited, Jump Crypto, Valor Capital, Paxos, HOF Capital, Chain-link fencing, and SNZ Capital. Additionally, prominent industry figures such as Sean Neville (Circle co-founder), Anatoly Yakovenko (Solana Labs co-founder), Bam Azizi (Mesh CEO), and Ricardo Villela Marino (Itaú Unibanco vice chairman) joined as angel investors. The capital will be used to scale Trace Finance's transaction capacity and extend its regulated infrastructure across Brazil, the United States, Latin America, and the Asia-Pacific region. Trace Finance has already processed over $10 billion in cross-border volume and serves as a primary infrastructure provider for major global payment companies in Latin America, including DLocal. The company's growth is further supported by Brazil's recent reclassification of virtual asset cross-border flows as foreign exchange operations, which is pushing institutional activity towards regulated banking infrastructure.

Entities Involved
priv
Trace Finance
Trace Finance secured $32 million in Series A funding, which will enable it to expand its regulated financial infrastructure for cross-border payments and stablecoin settlement across Brazil, the US, Latin America, and Asia-Pacific.
Importance 100.0 Sentiment 80.0
priv
CoinFund
CoinFund led the Series A funding round for Trace Finance, indicating its strategic investment in the stablecoin infrastructure sector and gaining a board seat at Trace Finance.
Importance 80.0 Sentiment 60.0
priv
Valor Capital Group
Valor Capital participated in the Series A funding round for Trace Finance, aiding its global expansion.
Importance 40.0 Sentiment 50.0
priv
HOF Capital
HOF Capital participated in the Series A funding round for Trace Finance, contributing to its capital injection.
Importance 40.0 Sentiment 50.0
priv
Paxos (company)
Paxos participated in the Series A funding round for Trace Finance, showing support for stablecoin settlement infrastructure.
Importance 40.0 Sentiment 50.0
priv
Jump Crypto
Jump Crypto participated in the Series A funding round for Trace Finance, supporting the growth of its cross-border payment solutions.
Importance 40.0 Sentiment 50.0
priv
VSR Ventures Private Limited
VSR Ventures Private Limited participated in the Series A funding round for Trace Finance, supporting the expansion of stablecoin infrastructure.
Importance 40.0 Sentiment 50.0
priv
SNZ Capital
SNZ Capital provided strategic backing to Trace Finance's Series A funding round.
Importance 30.0 Sentiment 50.0
stock
DLocal
DLocal is one of the top four global payment providers in Latin America for which Trace Finance serves as the primary infrastructure provider, demonstrating Trace Finance's established market presence.
Importance 30.0 Sentiment 50.0
crypto
Chain-link fencing
Chain-link fencing provided strategic backing to Trace Finance's Series A funding round, aligning with its interest in blockchain infrastructure.
Importance 30.0 Sentiment 50.0
per
Sean Neville
Sean Neville, co-founder of Circle, participated as an angel investor in Trace Finance's funding round, lending his industry expertise and support.
Importance 20.0 Sentiment 50.0
per
Anatoly Yakovenko
Anatoly Yakovenko, co-founder of Solana Labs, participated as an angel investor in Trace Finance's funding round.
Importance 20.0 Sentiment 50.0
oth
Bam Azizi
Bam Azizi, co-founder and CEO of Mesh, participated as an angel investor in Trace Finance's funding round.
Importance 20.0 Sentiment 50.0
per
Ricardo Villela Marino
Ricardo Villela Marino, partner and vice chairman of Itaú Unibanco, participated as an angel investor in Trace Finance's funding round, connecting traditional banking with new financial infrastructure.
Importance 20.0 Sentiment 50.0
stock
Itaú Unibanco
Itaú Unibanco's vice chairman, Ricardo Villela Marino, participated as an angel investor in Trace Finance's funding round, indicating potential future collaborations or interest in stablecoin infrastructure.
Importance 20.0 Sentiment 50.0
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