Overview

• Sony Innovation Fund, Samsung Next, a16z crypto and Hashed joined the strategic investment led by Coinbase Ventures.
• Bastion offers a white‑label stack for issuing branded stablecoins along with custodial wallets and fiat on‑ and off‑ramps available in more than 70 countries.
• The firm highlights an NYDFS trust charter and additional state licenses as core credentials for clients seeking compliant issuance and transactions.
• New capital will support product expansion, hiring and go‑to‑market efforts, with recent leadership additions across revenue, treasury, legal and compliance.
• The company reports growing traction in Asia and says customer announcements are expected within roughly eight to nine months, though it did not disclose a valuation for the round.