ChainThink news, May 1: According to Fortune, payment infrastructure startup Fun has raised $72 million in its Series A round, led by Multicoin Capital and SignalFire, with participation from Infinity Ventures, Pharsalus Capital, and Justin Mateen, co-founder of Tinder.
Fun primarily provides cryptocurrency-to-fiat deposit and withdrawal infrastructure for platforms such as Polymarket, Lighter, and Aave, processing over $18 billion in annual payment volume.
The company plans to use the proceeds from this funding to expand its team by approximately 30 members.
Disclaimer: Contains third-party opinions, does not constitute financial advice
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