Pantera leads $25m round in Coinflow to scale up stablecoins
Chicago-based stablecoin startup Coinflow has raised a $25 million Series A round led by Pantera Capital.
- Stablecoin startup Coinflow secured a $25 million Series A round led by Pantera Capital
- Investors include Coinbase Ventures, Jump Capital, CMT Digital, and The Fintech Fund
- Capital will fund expansion into Asia and Latin America, as well as product scaling
Stablecoins are increasingly attracting investor attention. On Wednesday, October 8, Chicago-based stablecoin startup Coinflow secured a $25 million Series A round. The funding round, led by Pantera Capital, featured prominent VCs including Coinbase Ventures, Jump Capital, CMT Digital, and The Fintech Fund.
Coinflow secured its funding amid significant growth. The firm reported 23x revenue growth since 2024, with multi-billion-dollar annual transaction volume across more than 170 countries. According to the firm, this growth is driven by demand for instant payments that reduce fraud risk.
Pantera sees growing demand for stablecoin payments
The global stablecoin market is seeing rapid growth, partially due to a demand for cross-border payments. This market will surpass $320 trillion by 2032, according to a report highlighted by Ryan Barney, partner at Pantera Capital.
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