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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

AAVE-0.38%

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 parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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