Participated · Seed · Jul 2026

Cordant provides a real-time command center that ingests signals from payment rails, bank accounts, ledgers, compliance and risk systems and normalizes them into a shared event model to show how transactions moved across an operating environment. The platform does not move or hold funds, replace core systems, or require centralized data; instead it detects control gaps, coordinates exception workflows, and produces audit-grade records of activity. Cordant developed its product with 11 design partners spanning payments, digital assets and traditional banking, with Bitso and Paxos serving as both design partners and investors. The company was founded by former Rapyd leaders who built and commercialized Rapyd's global infrastructure and say Cordant grew from the operational visibility challenges they encountered. Cordant will use its seed funding to bring the system into production and to activate private beta clients, and it is positioning itself as a prerequisite layer for institutions looking to deploy AI and new rails within regulated workflows.

Participated · Seed · Apr 2026

Latitude builds a stablecoin-powered cross-border payments network called Global Payouts that enables US businesses to pay into personal accounts in over 50 countries by converting USD to stablecoins and then to local fiat. The startup also offers stablecoin deposit infrastructure for crypto-native apps, helping platforms and prediction markets convert local currencies into stablecoins in markets like Mexico and the Philippines. Latitude already serves customers such as content creator platform Zencastr. The company is currently in a testing phase and monetizes transactions through fees. Its team comprises 11 employees. Latitude completed an $8 million funding round led by NEA, with participation from Lightspeed Faction, Coinbase, Paxos, and the Solana Foundation.

Participated · Seed · Dec 2025

Coinbax equips financial institutions with institutional-grade programmable "Controls"—modular smart-contract logic that delivers multi-party approvals, spend limits, conditional releases, and escrow for stablecoin transactions. Built on a dual on-chain/off-chain architecture, the platform combines blockchain settlement speed with the auditability and compliance tools banks require. It currently supports major stablecoins such as USDC, USDG, RLUSD, and PYUSD on Base and Solana, with plans to expand to additional chains and GENIUS Act-compliant assets. Deep integrations with custody providers, wallet infrastructure, and AP/AR and ERP systems allow Coinbax to fit into existing banking and enterprise workflows. Target use cases span trade finance, loan disbursements, milestone-based construction payments, treasury automation, and cross-border payouts. The company plans to use newly raised capital to accelerate engineering, enhance integrations, and onboard design partners across commercial banking and enterprise payments. Although detailed operating metrics have not been disclosed, the company markets itself as a production-grade API platform purpose-built for compliance, auditability, and scale.

Participated · Seed · Oct 2025

Crown’s core product is BRLV, a stablecoin pegged 1:1 to the Brazilian real and 100% collateralized by Brazilian federal government bonds. By tokenizing real-denominated sovereign debt, the company enables institutions to earn the Selic “carry” through a blockchain-native instrument while maintaining an institutional-grade security structure. According to the company, BRLV has already reached more than R$360 million in subscriptions, positioning it as the largest stablecoin originating from an emerging market. Crown aims to bridge traditional fixed-income yields and decentralized finance, potentially expanding to other Latin American currencies as its product matures. The firm emphasizes regulatory compliance and full transparency of reserves to win the trust of large financial players. Recent capital inflows will be used to scale infrastructure, grow institutional partnerships, and expand market liquidity.

Participated · Seed · Oct 2025

Mesta operates a hybrid fiat + stablecoin payment network designed to eliminate the traditional trade-off between speed and cost in cross-border transactions. Its platform supports USD, EUR, GBP, USDC, USDT, USDG, PYUSD and 40+ local currencies, converting them via native local rails that do not require pre-funded pools. Enterprises use Mesta for bill payments, payroll, supply-chain disbursements and same-name on/off-ramps, achieving settlement in minutes and fee reductions of more than 50%. Since launching in 2024, the company has processed over $140 million in total payment volume and now averages about $3 million in daily volume, with a projection to exceed $300 million TPV by year-end. Founded by former Uber, PayPal and BILL executive Sandeep Pyapali, the San-Francisco-based startup combines regulated fiat corridors with blockchain efficiency. The newly raised capital will be applied to expanding product features, growing international teams and accelerating worldwide adoption of its network.