Stablecoin infrastructure startup Checker raises $8 million from Galaxy Ventures and others
The Block
Stablecoin infrastructure provider Checker secured $8 million in funding to help financial institutions scale stablecoin-related products globally.Summary
Checker, a startup focused on stablecoin infrastructure, has raised $8 million across pre-seed and seed rounds. Backed by investors including Galaxy Ventures, Al Mada Ventures, and Framework Ventures, the company provides a unified API designed to help financial institutions navigate liquidity and compliance hurdles. With over 30 clients and $3 billion in processed volume, Checker intends to use the capital to expand its global network, introduce AI-enabled compliance tools, and develop embedded lending solutions to reduce reliance on traditional banking.
(Source：The Block)