Stablecoin startup Bastion tops $40M in funding with $14.6M raise backed by Coinbase, Sony, a16z, Samsung Next

Stablecoins are no longer just a crypto experiment—they’re becoming part of the financial infrastructure global enterprises want to plug into. And Bastion, a regulated stablecoin infrastructure provider, is betting big on that shift.

Today, Bastion announced it has crossed $40 million in total funding following a fresh $14.6 million strategic round led by Coinbase Ventures, with Sony Innovation Fund, a16z crypto, Samsung Next, and Hashed joining the syndicate. The new capital will help Bastion push its enterprise-focused platform, which enables companies to issue, hold, and transact with stablecoins at scale, all within a compliant and secure framework.

“Bastion is growing to meet significant demand for regulated stablecoin infrastructure from some of the world’s largest enterprises,” said Nassim Eddequiouaq, Co-Founder and CEO of Bastion. “The evolution of our financial system will continue to accelerate as digital assets and stablecoin adoption proliferate, and Bastion is positioned to help businesses build world-changing financial products.”

The funding underscores growing institutional support for stablecoins, which are increasingly seen as a foundation for next-generation finance. Shan Aggarwal, Chief Business Officer at Coinbase, pointed to this shift: “Trusted digital asset infrastructure is the bedrock for the creation of scalable digital financial products that enterprises increasingly seek. We continue to invest in the businesses building crypto products safely and scalably, and are energized by change-makers like Bastion who are making enterprise stablecoin adoption a reality.”

Bastion Crosses $40M in Funding to Power Regulated Stablecoin Infrastructure for Enterprises

Bastion’s pitch is straightforward: it offers a Stablecoin-as-a-Service platform built from the ground up with compliance in mind. Enterprises can launch branded stablecoins, manage reserves and liquidity, and integrate custodial wallets with seamless on- and off-ramps. The end-to-end system allows businesses to adopt stablecoins without taking on the regulatory and technical lift themselves.

That emphasis on compliance and product innovation has caught the attention of backers like Sony. “Sony Innovation Fund invests in companies actively advancing transformative technologies, and Bastion embodies that,” said Austin Noronha, Managing Director at Sony Ventures – U.S. “Their approach to stablecoin solutions, led by compliance, security, and product innovation, is setting the industry standard. We’re thrilled to support this team fundamentally reinventing how transactions flow, and we look forward to seeing them cultivate new opportunities.”

Bastion’s momentum comes as more industries experiment with stablecoins for cross-border payments, settlement, and new financial products. The company has been expanding its leadership bench to match that demand, bringing in Jared Klee as Head of Revenue, Vince Tejada as Head of Treasury and Strategic Finance, Beth Gibson as General Counsel, and Rohan Kohli as Chief Risk & Compliance Officer.

“We’ve seen meaningful growth at Bastion over the last year, and we’re encouraged by the overwhelming interest and engagement from major industry stakeholders and enterprises,” said Caroline Friedman, COO and Founding Member of Bastion. “The momentum around stablecoins is undeniable. This strategic financing round will propel Bastion into its next growth phase to power the future of enterprise stablecoin technology at scale.”

With $40 million now in the bank and heavyweight investors behind it, Bastion is positioning itself as one of the key infrastructure providers for enterprises looking to tap into the stablecoin economy without compromising on compliance or scalability.

Nassim Eddequiouaq, Co-Founder and CEO of Bastion