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Crypto Onramping Solution Fun Raises $72M Series A on May 1, Co-led by Multicoin Capital and SignalFire

GateNews

2026-05-02 06:14:53

AAVE0.72%

According to BusinessWire, crypto onramping solution Fun raised $72 million in Series A funding on May 1, co-led by Multicoin Capital and SignalFire. The company plans to use the funding to expand into the Asia-Pacific region with a new Singapore office and pursue potential acquisitions.

Founded in 2022, Fun provides infrastructure for moving value across blockchain rails and powers deposits, withdrawals, and settlement flows for apps including Polymarket, Lighter, and Aave. The startup processes over $18 billion in annual transactions for users across more than 100 countries.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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