Bridge, a Web3 startup focused on developing a global stablecoin payments platform, has raised a total of $58 million, including a $40 million Capital led by Sequoia and Ribbit.
In addition, Bridge has also attracted interest from leading investment funds such as Haun Ventures and Index Ventures. At the same time, Bridge has also established strategic partnerships, providing payment infrastructure to "big guys" such as SpaceX and Coinbase.
Bridge will use the new Capital to expand and upgrade its stablecoin-based global payments platform, while also boosting its presence in key markets such as Latin America, Africa, and Asia, regions that are experiencing inflationary pressures and limited international payment capabilities.
Bridge is a new global payments platform built around stablecoin payments to simplify cross-border payments. Founded by former Coinbase and Square employees, Bridge provides cross-border payments solutions that allow users to easily convert and customize between fiat currencies and various stablecoins through API Orchestration.
