OpenFX
Cross-border payments startup combining traditional finance with crypto settlement rails, using stablecoins for near-ins
Our Take
OpenFX just raised a $94M Series A to blend old-school wire transfers with stablecoin settlements — think SWIFT meets USDC, basically. The pitch is "near-instant" cross-border payouts, which is the dream every fintech founder promises and almost nobody delivers on, so I'll believe it when I see it. That's a lot of capital for a model that's still pretty untested at scale, but if anyone can make TradFi-crypto hybrids work, this kind of war chest doesn't hurt.
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