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Crypto Onramping Solution Fun Raises $72 Million Series A on Friday, Co-Led by Multicoin Capital and SignalFire

GateNews
AAVE0.72%

According to a BusinessWire announcement on Friday, crypto onramping platform Fun completed a $72 million Series A funding round co-led by Multicoin Capital and SignalFire. The funding will support the company’s engineering-led team expansion and entry into the Asia-Pacific region through a new Singapore office.

Fun, founded in 2022, processes over $18 billion in transactions annually for users in more than 100 countries. The platform powers deposits, withdrawals, and settlement flows for leading crypto applications including prediction market Polymarket, decentralized perps DEX Lighter, and lending protocol Aave.

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