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Crypto Banking Startup Dakota Raises $12.5M for Global Stablecoin Push

UNITED STATES, JUL 15 – Dakota raised $12.5 million in Series A funding led by CoinFund to expand its stablecoin-based neobank used by over 500 businesses globally, boosting cross-border payments.

Summary by Coin Desk
The startup, which lets businesses send and receive U.S. dollars globally via stablecoin rails, is expanding to over 100 countries with the funding.

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Alexa Blockchain broke the news in on Tuesday, July 15, 2025.
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