Cross-border remittance startup OpenFX completes $94 million funding round, led by Pantera and others

金色财经_ · 2026-03-31T11:27:21+00:00

OpenFX completed a $94 million funding round, with a valuation of approximately $500 million. The company leverages stablecoins to connect the banking system with blockchain technology, providing efficient and low-cost cross-border remittance services, and plans to expand into Southeast Asia and Latin America markets.

金色财经_

2026-03-31 11:27:21

Abstract generation in progress

Golden Finance reported that on March 31, OpenFX, a foreign exchange market-making and cross-border remittance startup, completed a $94 million funding round. The round was led by Accel, Lightspeed Faction, M13, Northzone, Pantera, and other institutions, with a post-money valuation of about $500 million. OpenFX uses stablecoins as a bridge to connect banking systems with blockchain infrastructure, providing faster, lower-cost settlement services for large cross-border transfers. OpenFX plans to use the funds from this round to expand into markets across Southeast Asia and Latin America.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes