• Menu
  • Skip to right header navigation
  • Skip to main content
  • Skip to primary sidebar

DigiBanker

Bringing you cutting-edge new technologies and disruptive financial innovations.

  • Home
  • Pricing
  • Features
    • Overview Of Features
    • Search
    • Favorites
  • Share!
  • Log In
  • Home
  • Pricing
  • Features
    • Overview Of Features
    • Search
    • Favorites
  • Share!
  • Log In

NYDFS-chartered Bastion secures strategic funding from Coinbase, Sony and Samsung to scale its white-label stablecoin infrastructure, enabling enterprises to launch branded digital dollars without regulatory licenses

September 29, 2025 //  by Finnovate

Bastion, which offers a Stablecoin-as-a-Service platform, has raised a $14.6 million funding round led by Coinbase Ventures. Other participants include Sony Innovation Fund, a16z crypto, Samsung Next and Hashed. This brings total funds raised to $40 million. The company’s solution helps enterprises and financial institutions to issue, hold and utilize stablecoins, including solutions for reserve management. Bastion says it holds a limited trust charter from the New York State Department of Financial Services (NYDFS), although it is not yet listed on the NYDFS website. “We’ve seen meaningful growth at Bastion over the last year, and we’re encouraged by the overwhelming interest and engagement from major industry stakeholders and enterprises,” said Caroline Friedman, Bastion COO.

Read Article

Category: Crypto & Blockchain, Innovation Topics

Previous Post: « Embedded payments are seeing rising adoption in the parking sector through AI-recognition tech that lets customers just drive in and scan a QR code to enter their credit card information the first time they park, with automatic vehicle identification and charges applied on subsequent trips

Copyright © 2025 Finnovate Research · All Rights Reserved · Privacy Policy
Finnovate Research · Knyvett House · Watermans Business Park · The Causeway Staines · TW18 3BA · United Kingdom · About · Contact Us · Tel: +44-20-3070-0188

We use cookies to provide the best website experience for you. If you continue to use this site we will assume that you are happy with it.