XFX completes $17 million funding round, led by Castle Island Ventures

MarsBitNews · 2026-03-26T13:09:59+00:00

XFX is a startup specializing in forex trading that supports stablecoin transactions. Recently, it completed a $17 million funding round led by Castle Island Ventures, with Haun Ventures and Coinbase Ventures participating. The company allows customers to exchange between stablecoins and three fiat currencies.

MarsBitNews

2026-03-26 13:09:59

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Mars Finance reports that the foreign exchange startup XFX, which supports stablecoin trading, has completed $17 million in funding, led by Castle Island Ventures with participation from Haun Ventures and Coinbase Ventures. XFX co-founder and CEO Santiago Alvarado declined to disclose the company’s valuation in this funding round. It is reported that in addition to allowing customers to exchange between stablecoins, XFX also enables customers to exchange three fiat currencies: US dollars, Mexican pesos, and Colombian pesos.

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