Blockchain Agency Crossmint Utilized by Adidas, Red Bull Raises $23.6M in Funding

Finance, AI, Funding Rounds Ribbit Capital led the funding spherical with extra participation from Franklin Templeton, Nyca, First Round, and Lightspeed Faction. 

Crossmint, a blockchain infrastructure agency serving to corporations construct on-chain purposes, has raised $23.6 million in funding.

The firm, which has over 40,000 customers, goals to simplify blockchain adoption by enabling corporations to combine wallets, tokenization, and funds with minimal code, in response to an announcement on Tuesday. Crossmint customers, together with massive manufacturers Adidas and Red Bull, use the platform to transition their operations on-chain.

Crossmint can also be constructing a framework for synthetic intelligence-driven commerce, offering wallets and cost APIs for AI brokers.

“AI agents are reshaping commerce. Soon, they will autonomously manage tasks like grocery shopping or personal styling,” stated Alfonso Gomez-Jordana, co-founder of Crossmint. “Traditional payment systems weren’t designed for AI agents—but blockchain is.”

Ribbit Capital led the funding spherical with extra participation from Franklin Templeton, Nyca, First Round, and Lightspeed Faction, Crossmint announced on Tuesday.

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