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Stablecoin Payment Infrastructure Company Trace Finance Completes $32 Million Series A Funding, Led by CoinFund, with Participation from Coinbase Ventures, Haun Ventures, Jump Capital, Paxos, Chainlink Labs, HOF Capital, and others. Trace Finance Co-founder and CEO Bernardo Brites stated that the company's valuation has increased approximately tenfold since the seed round in 2022, with specific valuation not disclosed. The funds will be used to expand its stablecoin payment infrastructure platform and advance business deployment in Latin America and the Asia-Pacific region. (The Block)