{"id":70500,"date":"2026-04-01T09:37:59","date_gmt":"2026-04-01T09:37:59","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/openfx-raises-94-million-series-a-to-scale-global-cross-border-stablecoin-payments-news-bytes-bitcoin-news\/"},"modified":"2026-04-01T09:37:59","modified_gmt":"2026-04-01T09:37:59","slug":"openfx-raises-94-million-series-a-to-scale-global-cross-border-stablecoin-payments-news-bytes-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/openfx-raises-94-million-series-a-to-scale-global-cross-border-stablecoin-payments-news-bytes-bitcoin-news\/","title":{"rendered":"OpenFX Raises $94 Million Series A to Scale Global Cross-Border Stablecoin Payments \u2013 News Bytes Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p data-path-to-node=\"2\">OpenFX announced on March 31, 2026, that it raised $94 million in Series A funding led by investors including Accel, Atomico, and Pantera. Founded in 2024, the company utilizes <span>stablecoins<\/span> as intermediary settlement rails to connect traditional banking systems with digital-native infrastructure for near-instant Foreign Exchange (FX) conversion.<\/p>\n<p data-path-to-node=\"3\">The platform provides institutional-grade <span>liquidity<\/span> across more than 40 trading pairs and has grown its annualized payment <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volume<\/a> from $4 billion to over $45 billion. The new capital supports expansion into Southeast Asian markets and the deepening of Latin American corridors where cross-border friction remains high.<\/p>\n<p data-path-to-node=\"4\">\u201cInstitutions should not have to wait multiple business days to move capital across borders,\u201d <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260330586743\/en\/OpenFX-Raises-%2494-Million-Series-A-to-Scale-Cross-Border-Money-Movement\" target=\"_blank\" rel=\"noopener noreferrer\">said<\/a> Prabhakar Reddy, Founder and CEO of OpenFX.<\/p>\n<h2 data-path-to-node=\"5\">\ud83e\udded FAQs<\/h2>\n<p data-path-to-node=\"6\">\u2022 <b data-path-to-node=\"6\" data-index-in-node=\"2\">What is the primary function of the OpenFX platform?<\/b> The platform uses <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoins<\/a> to enable near-instant FX conversion and cross-border settlement for institutions.<\/p>\n<p data-path-to-node=\"6\">\u2022 <b data-path-to-node=\"6\" data-index-in-node=\"170\">Which geographic regions are targeted for the new expansion?<\/b> OpenFX is expanding into Southeast Asian markets and deepening its existing Latin American payment corridors.<\/p>\n<p data-path-to-node=\"6\">\u2022 <b data-path-to-node=\"6\" data-index-in-node=\"343\">How much annualized payment <span>volume<\/span> does OpenFX currently process?<\/b> The company has scaled its operations to exceed $45 billion in annualized payment <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volume<\/a>.<\/p>\n<p data-path-to-node=\"6\">\u2022 <b data-path-to-node=\"6\" data-index-in-node=\"501\">Who led the recent Series A investment round?<\/b> The funding round included major institutional participation from firms like Accel, Atomico, Northzone, and Pantera.<\/p>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/openfx-raises-94-million-series-a-to-scale-global-cross-border-stablecoin-payments\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) OpenFX announced on March 31, 2026, that it raised $94 million in Series A funding led by investors including Accel, Atomico, and Pantera. Founded in 2024, the company utilizes stablecoins as intermediary settlement rails to connect traditional banking systems with digital-native infrastructure for near-instant Foreign Exchange (FX) conversion. [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":70501,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/70500"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=70500"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/70500\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/70501"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=70500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=70500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=70500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}