WORLDTECH NEWS Global technology intelligence.Contact
← Back to WORLDTECH
Bitcoin & Crypto SINGLE SOURCE

London’s IMMIX secures €3.12 million to build FX infrastructure for stablecoin payments beyond the US dollar

Hands using smartphone and terminal for cashless payment, showcasing modern transaction methods.
Illustrative photo.Photo by Ivan S on Pexels

What happened

IMMIX, a London-based AI-native trading firm that helps payment companies exchange stablecoins (a digital token meant to hold a fixed value, usually one dollar) between currencies, has raised €3.12 million ($3.5 million) in funding. The funding follows the company’s €2.5 million ($2.7 million) Seed round, led by MassMutual Ventures, with participation from Ripple Ventures in […] The post London’s IMMIX secures €3.12 million to build FX infrastructure for stablecoin payments beyond the US dollar appeared first on EU-Startups .

The round was backed by Crane Venture Partners, BTSE, and Portfolio Ventures. The funding follows the company’s €2.5 million ($2.7 million) Seed round, led by MassMutual Ventures, with participation from Ripple Ventures in late 2023.

Sources & evidence