Crypto Startup BVNK Raises $50M at $750M Valuation Amid Stablecoin Boom

In the midst of a red-hot stablecoin market, crypto startup BVNK has raised $50 million in a Series B funding round, boosting its valuation to around $750 million. The investment, led by Haun Ventures with participation from Coinbase Ventures and Tiger Global, reflects the growing interest and strategic importance of stablecoins in the global financial landscape.

BVNK, a provider of stablecoin payments infrastructure, enables businesses to send, receive, and store stablecoins and fiat funds across various payment rails and blockchains. The company's mission is to accelerate payments globally by abstracting blockchain complexity and simplifying access to leading stablecoins. With this latest funding round, BVNK is well-positioned to capitalize on the growing demand for stablecoin payments and the increasing regulatory clarity in the US market.

The stablecoin market has witnessed remarkable growth, with $24 trillion in global transactions processed in 2024, of which $5.2 trillion involved payments – three times PayPal's volume. Major financial institutions, such as Stripe and Visa, are integrating stablecoins into their products, reflecting the growing interest in this sector. As regulatory frameworks for stablecoins continue to develop, such as the proposed US stablecoins bill and MiCA in the EU, the market is poised for further growth.

Haun Ventures' expertise in transformative financial technologies significantly contributes to BVNK's growth strategy. Founded by Katie Haun, previously General Partner at a16z and a Board Member at Coinbase, Haun Ventures brings strategic insight, capital, and network to help BVNK achieve its mission. Their investment in BVNK's Series B round, led by Diogo Mónica as General Partner, reflects their confidence in the stablecoin payments infrastructure provider. Haun Ventures' track record of backing companies shaping the future of finance, such as Bridge (acquired by Stripe), further validates their support for BVNK.



BVNK's partnerships with major financial institutions and businesses, such as PayPal, Circle, and First Digital, significantly contribute to the mainstream adoption of stablecoin payments. These collaborations simplify access to leading stablecoins, making it easier for businesses to send, receive, and store stablecoins and fiat funds across various payment rails and blockchains. By integrating with established banking networks like SWIFT and SEPA, BVNK enables real-time settlement and operation outside of standard banking hours. This integration with traditional financial systems and prominent businesses fosters trust and encourages wider adoption of stablecoin payments.



Haun Ventures' network of strategic investors and partners, including Coinbase Ventures and Tiger Global, brings significant value to BVNK's expansion plans. This network can facilitate partnerships with leading stablecoin providers and major financial institutions, enabling BVNK to expand its reach and enhance its stablecoin payments infrastructure. Additionally, Haun Ventures' involvement can provide BVNK with access to top-tier banking partnerships and global licenses, further solidifying its position in the stablecoin payments ecosystem.

In conclusion, BVNK's $50 million Series B funding round at a $750 million valuation underscores the strategic importance of stablecoins in the global financial landscape. With Haun Ventures' expertise and network, BVNK is well-positioned to capitalize on the growing demand for stablecoin payments and the increasing regulatory clarity in the US market. As the stablecoin market continues to grow, BVNK's innovative infrastructure and partnerships with major financial institutions will play a crucial role in driving mainstream adoption and transforming the global payments landscape.