Participated · Seed · Sep 2023

Bastion is a stablecoin-as-a-service provider that equips enterprises and financial institutions with compliant infrastructure for issuing, managing, and transacting in stablecoins. Its end-to-end platform covers issuance, reserve and liquidity management, custodial wallets, and seamless on- and off-ramps, all wrapped in built-in regulatory licensing and compliance tooling. The company positions itself as the trusted partner for global stablecoin issuance and related crypto trading activities, aiming to accelerate the evolution of digital financial products. Strong demand for enterprise-grade stablecoin solutions has driven rapid growth in Bastion’s customer pipeline. To support this expansion, the firm has bolstered its leadership team with senior hires across revenue, treasury, legal, and risk functions. Bastion has raised more than $40 million in total funding, including a recent $14.6 million strategic financing round. The new capital will be used to scale product adoption and deepen relationships with large enterprises and financial institutions worldwide.