Meld, a provider of infrastructure for accessing digital assets and stablecoins, has secured $7m in a strategic funding round to support the expansion of its global network and accelerate its go-to-market strategy.
The round was led by Lightspeed Faction, with participation from F-Prime, Yolo Investments and Scytale Digital.
Meld’s platform enables seamless access to and conversion between more than 150 fiat currencies and a broad range of stablecoins and digital tokens through a single application integration. The company supports use cases including global payouts, remittances and cross-border trade settlement, allowing product managers and developers to offer both pay-in and pay-out services across more than 180 countries. These services are delivered via local payment methods, card rails and virtual account-enabled banking infrastructure.
In addition, Meld facilitates onboarding to native blockchains such as Ethereum and Solana, and works with partners including Uniswap, Phantom and MetaMask to provide compliant and secure cross-border access to digital assets.
The new funding will be used to expand Meld’s sales team, grow its global network footprint and further develop its customer success infrastructure as its client base continues to scale. The company currently works with more than 50 partners worldwide and has raised $15m in total funding to date.
“This strategic funding allows us to expand the Meld Network and make digital assets as accessible as traditional payment methods, while enabling product managers and developers to build the next generation of financial applications,” the company said.
“We believe Meld has the ability to scale to meet demand from developers and merchants seeking simple, compliant access to digital currencies across every major market.”
