Crypto onramping solution Fun raises $72 million Series A co-led by Multicoin Capital and SignalFire
The Block
Crypto infrastructure firm Fun secured $72 million in Series A funding to expand its global value-transfer services and grow its engineering team.Summary
Crypto onramping provider Fun has raised $72 million in a Series A funding round co-led by Multicoin Capital and SignalFire. Founded in 2022, the company provides backend infrastructure for major platforms like Polymarket, Lighter, and Aave, currently processing over $18 billion in annual transactions across 100 countries. The capital will be used to expand the engineering-led team, establish a new Singapore office to enter the Asia-Pacific market, and potentially fund acquisitions to further its mission of frictionless global value transfer.
(Source：The Block)