Bleap Closes $6M Seed Round to Expand Onchain Finance App

Bleap, a self-custodial on-chain finance app, has secured $6 million in seed funding led by Blossom Capital. The investment supports the company's expansion of yield vaults and on-chain trading capabilities.

Bleap's founders, former Revolut executives Joao Alves and Guilherme Gomes, aim to modernize financial infrastructure using blockchain. The company seeks to offer a single balance for global spending, savings, and yield generation.

The seed round was completed last summer and will fund growth in Latin America and Europe. Bleap plans to enhance its on-chain trading features and expand into new blockchain networks.

Why Did This Happen?

Bleap's founders have identified a growing disconnect between modern user interfaces and the underlying financial infrastructure. They believe blockchain can serve as a more efficient settlement layer for financial transactions.

The company has seen traction since its $2.3 million pre-seed round in late 2024. During 2025, Bleap grew to over 20,000 users and processed more than $30 million in transactions.

Bleap's expansion into cross-chain trading is part of its broader strategy to consolidate spending, saving, and yield into a single account. This approach aims to make on-chain finance more accessible to both crypto-native users and newcomers.

How Did Markets Respond?

Bleap's seed round comes at a time of growing interest in on-chain finance. Stablecoin adoption is expanding, with increasing use in payments, trading, and yield products.

Regulatory frameworks in Europe continue to evolve, and Bleap is preparing to apply for authorization under the Markets in Crypto-Assets (MiCA) framework. This step is part of the company's strategy to scale its services across the region.

The company has also expanded into Latin America, with Mexico already live and launches underway in Brazil, Colombia, and Peru. This geographic expansion is expected to drive further adoption of on-chain financial services in emerging markets .

What Are Analysts Watching Next?

Bleap's growth in user base and transaction volume indicates strong early traction. Analysts are watching the company's ability to maintain user engagement as it expands its product offerings .

The company plans to launch a native token in early 2027, a move that could further enhance its ecosystem. This timeline reflects a strategic approach to product development and regulatory compliance .

Bleap's partnership with Mastercard is also a key focus. The collaboration aims to integrate stablecoin-based payments with traditional card networks, potentially expanding the app's reach and usability .

Overall, Bleap's strategy to combine traditional banking familiarity with on-chain finance capabilities is seen as a promising approach. The company's focus on self-custody and low-cost, global transactions aligns with broader trends in the fintech and blockchain sectors .