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

GateNews

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.

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