Stablecoin payment infrastructure company Trace Finance completes $32 million Series A funding, led by CoinFund

CoinFeed June 17 news, according to The Block, stablecoin payment infrastructure company Trace Finance announced the completion of a $32 million Series A funding round, aiming to expand operations in Latin America and the Asia-Pacific region. This round was led by CoinFund, with participation from Coinbase Ventures, Haun Ventures, Jump Capital, Paxos, Chainlink Labs, HOF Capital, and other investment institutions.