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Crypto Onramping Solution Fun Raises $72 Million Series A on Friday, Co-Led by Multicoin Capital and SignalFire

GateNews

2026-05-02 19:14:53

AAVE0.42%

According to a BusinessWire announcement on Friday, crypto onramping platform Fun completed a $72 million Series A funding round co-led by Multicoin Capital and SignalFire. The funding will support the company’s engineering-led team expansion and entry into the Asia-Pacific region through a new Singapore office.

Fun, founded in 2022, processes over $18 billion in transactions annually for users in more than 100 countries. The platform powers deposits, withdrawals, and settlement flows for leading crypto applications including prediction market Polymarket, decentralized perps DEX Lighter, and lending protocol Aave.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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