💵 Coinbase, Sony and Samsung invested $14.6 million in Bastion
The startup Bastion, which is developing infrastructure for stablecoins, has completed a funding round of $14.6 million.
📌 The following participated in the round:
🔴Coinbase Ventures (lead investor)
🔴Sony
🔴Samsung Next
🔴Andreessen Horowitz (crypto division)
🔴Hashed
📊 This is the second round in a month — earlier, Bastion attracted $25 million from a16z and other funds.
➡️ What does Bastion do?
1️⃣ Allows companies to issue stablecoins without licenses and their own infrastructure.
2️⃣ Offers ready-made solutions for integrating Web3 into Web2 technologies.
3️⃣ Focus on efficiency, security, and compliance.
💬 CEO Nassim Eddequac:
"We are growing to meet the high demand for regulated stablecoin infrastructure from the world's largest companies."
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