
3amClub|Mar 18, 2025 16:00
📢 Ma Yin Broadcast
Crossmint raises $23.6 million in funding
🔹 Covering seed round, Series A, and strategic financing
Ribbit Capital leads the investment
Renowned institutions such as Franklin Templeton, Nyca, First Round, and Lightspeed Faction have participated in the investment
🔹 Crossmint: Creating a one-stop encryption development API
Crossmint focuses on providing API tools to help developers easily integrate NFT minting, stablecoin payments, Web3 authentication, and other features
The customer base covers over 40000 enterprises and developers such as Adidas, Red Bull, Coinbase, etc
Core Products&Growth Highlights
Stable Coin API: Simplify the payment process of stablecoins such as USDC and USDT, and achieve seamless integration
AI Robot Payment: Automatically executes Web3 transactions to enhance DeFi experience
Rapid user growth: By 2024, subscription volume will increase by 1100%, becoming the preferred solution for enterprises to layout encrypted payments
Differentiated market strategy: plans to further expand the traditional financial&technology enterprise market and form a unique positioning with competitors such as Alchemy
Future Development&Industry Impact
🔹 After this round of financing, Crossmint plans to
1. Expand API product line and optimize Web3 asset management&trading solutions
2. Deepen enterprise cooperation and lower the threshold for Web2 enterprises to enter the encryption industry
3. Enhance infrastructure security, promote compliant development, and adapt to global market demand
Crossmint Web3 develops encrypted payment blockchain API to finance Web3 infrastructure
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