Overview

• Sony Innovation Fund, Samsung Next, a16z crypto, and Hashed joined the Coinbase-led financing.
• Bastion says the raise lifts its total funding to more than $40 million.
• The company offers white-label stablecoin infrastructure with a compliance focus backed by an NYDFS trust charter and additional state licenses.
• Its platform includes custodial wallets, reserve and liquidity management, and on- and off-ramps spanning roughly 70 countries.
• Bastion plans to use the capital to scale enterprise adoption and has added senior leaders across revenue, treasury, legal, and risk.