Dakota is a crypto-integrated business banking platform that enables companies to hold and transfer funds in USD or stablecoins while accessing ACH, Fedwire, SWIFT, and SEPA. The platform leverages blockchain to enable near-instant, verifiable transfers and keeps customer funds fully reserved and under the client's control, backing deposits 1:1 with U.S. Treasuries. Since launching in 2023, Dakota has attracted over 500 business customers and is processing billions of dollars in annualized transaction volume. With recent product launches, the company has rolled out virtual corporate cards with custom spend controls and added international payment network support. Dakota is expanding onboarding across 100+ jurisdictions, including the UK, EU (under MiCA), Singapore, and Latin America. Leadership is focused on growing the customer base, securing additional banking partnerships, and investing in compliance and regulatory efforts as stablecoin frameworks evolve.

Total raised

$13M

Funding rounds

1

Latest round

Series A

Latest activity

Jul 2025