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Crypto· Stablecoins

Latitude Raises $35 Million For Local Stablecoin Off-Ramps

Latitude raised $35 million in a Series A round led by Oak HC/FT to connect stablecoin settlement to local payment rails, with participation from NEA, Coinbase Ventures, Lightspeed Faction and OpenFX. The financing brings the startup's total capital to $43 million and will be used to expand licences and local payout connections that let businesses move funds across markets.

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