Stablecoin Payment Infrastructure Coinbax Completes $4.2M Seed Round, Led by BankTech Ventures

BlockBeats News, December 22, according to Globenewswire, Coinbax, a stablecoin payment infrastructure built on Base and Solana, announced the completion of a $4.2 million seed round of financing. BankTech Ventures led the round, with participation from Connecticut Innovations, Paxos, SpringTime Ventures, and others. The new funds will support its development of custody, policy enforcement, and programmable settlement features for digital assets, as well as integration with custody and wallet infrastructure providers.