Coinbase, Sony and Samsung back $14.6M round for stablecoin startup

Stablecoin infrastructure provider Bastion has raised $14.6 million in a funding round backed by some of the biggest names in tech and crypto, including Coinbase Ventures, Sony Innovation Fund, Samsung Next, Andreessen Horowitz (a16z) Crypto, and Hashed, according to Fortune. Bastion builds white-label stablecoin infrastructure, allowing companies to issue their own digital dollars without coding or acquiring regulatory licenses. The company’s CEO Nassim Eddequiouaq, a former Meta and a16z crypto executi ...