Trace Finance Closes $32M Series A for Stablecoin Expansion
Trace Finance has closed a $32 million Series A funding round led by CoinFund, with the capital earmarked for scaling regulated banking and stablecoin infrastructure across Brazil, the United States, and other emerging markets.
The round was announced via BusinessWire on June 17, 2026. CoinFund led the investment, positioning Trace Finance to deepen its footprint in regions where stablecoin demand has accelerated.
- What to Know:
- Trace Finance raised $32 million in a Series A round led by CoinFund.
- The funds will scale stablecoin infrastructure across Latin America, the U.S., and Asia-Pacific.
The company is not new to venture backing. Trace Finance previously raised $4.3 million in seed funding to build global banking services for Latin American startups. The Series A represents a significant step up in scale.
Why Latin America and Asia-Pacific Are Central to the Expansion
Trace Finance’s regional focus reflects where stablecoin infrastructure faces both high demand and significant gaps. Brazil is named explicitly as a target market, alongside the U.S. and broader emerging economies.
Latin America has become a fast-growing region for stablecoin adoption, with dollar-denominated digital assets serving as practical tools for cross-border payments and inflation hedging. Trace Finance’s infrastructure play targets the rails that make those transactions possible at scale.
The expansion comes as U.S. lawmakers advance stablecoin legislation through measures like the GENIUS Act, which could reshape regulatory frameworks for infrastructure providers operating across borders.
Asia-Pacific, the second named expansion region, represents another corridor where demand for dollar-denominated stablecoin services has grown. Trace Finance’s dual-region strategy suggests it is building infrastructure designed to operate across different regulatory environments simultaneously.
What the Series A Signals for Trace Finance’s Next Stage
A Series A of this size typically funds team expansion, regulatory licensing, and market entry operations. For a company focused specifically on stablecoin infrastructure rather than broader crypto services, the raise signals investor confidence in the category’s long-term viability, at a time when institutional capital continues flowing into crypto infrastructure projects.
The involvement of CoinFund as lead investor adds a well-known crypto-native venture firm to the company’s cap table. CoinFund has backed projects across DeFi and infrastructure, and its participation underscores institutional interest in the plumbing layer that supports stablecoin flows.
Brazilian outlet NeoFeed reported the raise at over R$160 million, noting the company’s ambitions for global expansion beyond its initial Latin American base.
Several details remain undisclosed, including the company’s current valuation, the full list of participating investors, specific product launches tied to the funding, and timelines for market entry in Asia-Pacific. The announcement focuses on the capital raised and the broad geographic strategy rather than granular execution plans.
The stablecoin infrastructure sector has attracted growing attention from both regulators and investors. With new stablecoin rules taking shape in the U.S. and demand rising in emerging markets, Trace Finance’s bet on regulated cross-border rails positions it at a junction where smart money is increasingly concentrating.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
