Bastion Secures $14.6 Million to Expand Stablecoin Infrastructure
Coinbase Ventures led a $14.6 million funding round for Bastion, a stablecoin issuance platform. Sony, a16z crypto, Samsung Next, and Hashed also participated. This brings Bastion’s total funding to over $40 million.
Bastion aims to help businesses issue and manage stablecoins while staying compliant with regulations. The company’s CEO, Nassim Eddequiouaq, saeid, “We’re seeing huge demand from