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.
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Ex-Coinbase exec raises $12.5 million for Dakota, a stablecoin-powered neobank
Crypto and banking are drawing ever closer. Big banks like JPMorgan and Citi are exploring digital asset integrations, and big crypto companies like Circle and Ripple are applying for bank charters. Dakota, a neobank cofounded by a former Coinbase executive, aims to combine both corners of finance—and investors are betting it’ll succeed. On Tuesday, the startup announced that it had raised $12.5 million in a Series A led by the crypto venture fi…
Stablecoin Bank Founded by Former Coinbase Executives Raises $100 Million in Funding
Stablecoin:- Dakota, a crypto-integrated business banking platform founded by veterans from Coinbase, Square, and Airbnb, has successfully raised $12.5 million in a Series A funding. The round was led by CoinFund, with participation from 6th Man Ventures and Triton Ventures, the investment arm of Kraken. It is co-founded by Ryan Bozarth, currently serving as the CEO of The post Stablecoin Bank Founded by Former Coinbase Executives Raises $100 Mi…
Dakota Raises $12.5M Series A to Bring Banking into the Internet Age
Dakota Funding has raised $12.5 million in Series A funding to help it realise its goal of changing how banks work in the Internet Age. Dakota wants to help banks adapt to digital demands faster by giving them tools that are easy to use and can grow with their needs. This Dakota Series A Funding round shows that strong investor confidence in fintech solutions that put simplicity, speed, and user experience first. Dakota, the crypto-integrated bu…
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