|

Foresight Ventures Launches $50M Fund for Stablecoin Infrastructure

Foresight Ventures has launched a $50 million fund devoted completely to stablecoin infrastructure, marking the primary initiative of its type.

Key Takeaways:

  • Foresight Ventures has launched a $50 million fund centered on stablecoin infrastructure.
  • The fund will help tasks that combine stablecoins with AI, real-world property, on-chain FX, and service provider options.
  • The initiative goals to strengthen the long-term basis for world stablecoin adoption.

The fund will again tasks throughout issuance, trade, compliance, and funds, together with these leveraging stablecoins for AI, on-chain FX, and real-world asset purposes.

Foresight Ventures’ New Fund Targets Full Stablecoin Stack

The enterprise agency, identified for its early bets on frontier fee infrastructure, stated the fund will concentrate on each upstream platforms and downstream use circumstances.

Areas of curiosity embody compliant on/off-ramps, service provider buying options, and payment-focused blockchains.

Foresight has beforehand invested in companies resembling Ethena, Noble, Codex, Agora, and WSPN, all central to the evolving stablecoin panorama.

“Stablecoins are not peripheral — they’re quick turning into the spine of contemporary funds,” stated Alice Li, Managing Partner at Foresight Ventures.

She emphasised the necessity for compliance-ready and scalable options that may bridge conventional finance and blockchain-based techniques.

The launch follows Foresight’s latest launch of a analysis report titled Stablecoin L1/L2: Defining the Next Era of Global Payments, profiling stablecoin-native blockchains resembling Plasma, Stable, Codex, Noble, and 1Money.

The report gives a technical and strategic breakdown of every community, reinforcing Foresight’s dedication to data-driven investing.

Through this fund, Foresight goals to construct a resilient basis for stablecoin adoption throughout retail and institutional markets, with a specific concentrate on long-term infrastructure that may help scalable, cross-border monetary techniques.

Last yr, crypto trade Bitget, in collaboration with Foresight Ventures, launched a $20 million TON Ecosystem Fund.

The fund was supposed to offer a lift to the Telegram Open Network (TON), a platform that facilitates the mixing of blockchain and cryptocurrency throughout the Telegram messenger.

The major goal of the $20 million TON Ecosystem Fund was to offer help for early-stage tasks throughout the TON ecosystem, with a specific concentrate on driving innovation.

Visa Pilots Stablecoin Payments to Modernize Cross-Border Transfers

As reported, Visa has launched a pilot program that enables companies to fund cross-border funds utilizing stablecoins as a substitute of pre-funding native accounts.

The initiative, constructed on Visa Direct, is designed to cut back friction and get rid of the necessity for companies to carry giant money reserves throughout a number of currencies.

It follows the passage of the GENIUS Act, which gave regulatory readability for stablecoin issuers within the US.

Targeting banks and remittance companies, the system is anticipated to hurry up transactions and unlock dormant capital.

While regulators stay cautious about stablecoins, Visa’s transfer indicators a shift towards integrating blockchain rails into conventional monetary techniques as a substitute of opposing them.

The firm has already processed $200 million in stablecoin settlements and sees rising convergence between conventional funds and crypto infrastructure.

With its Tokenized Asset Platform and new financial institution partnerships, Visa is positioning itself as each a facilitator and direct participant in the way forward for world funds.

The put up Foresight Ventures Launches $50M Fund for Stablecoin Infrastructure appeared first on Cryptonews.

Similar Posts