#188: Inside Trace Finance's $32M Series A Raise
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#188: Inside Trace Finance's $32M Series A Raise
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Rafael Luz and Bernardo Brites are co-founders of Trace Finance, a Brazilian cross-border payments infrastructure company. They join host Aaron Stanley at the Bitso Stablecoin Conference in Mexico City to discuss the company's $32 million Series A and the launch of a BRL-backed stablecoin.
The company recently raised a $32 million round led by CoinFund, with Coinbase Ventures, Jump, Paxos, and others.
Trace is launching what it expects to be the largest BRL-backed stablecoin, aimed at giving global companies access to Brazilian real for the first time without running into Brazil's capital controls.
You can connect with Bernardo and Rafael on Linkedin
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