Nikolas Sargeant
TL;DR
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Checker, a stablecoin infrastructure startup, has raised $8 million from investors including Galaxy Ventures and Framework Ventures to help financial institutions launch and scale stablecoin products through a single API.
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The company has processed over $3 billion in volume, serves 30+ regulated institutions, and plans to expand globally while adding AI-powered compliance and lending tools.
Galaxy Ventures Leads Funding Round
Stablecoin infrastructure startup Checker has closed $8 million in funding, drawing backing from a diverse group of investors across pre-seed and seed rounds. The raise will enable the company to expand its platform for financial institutions looking to launch and scale stablecoin-based products.
Co-founder and CEO Jack Chong said the rounds were pre-empted in late 2025, with Galaxy Ventures, Al Mada Ventures, and Framework Ventures among the largest backers.
Regional investors include Bitso and Airtm in Latin America, DFS Lab in Africa, and Onigiri Capital, SNZ Capital, and Velocity in Asia. Angel participants include Bam Azizi of Mesh, Shivani Siroya of Tala, and Reid Cuming of Superstate. Chong declined to share details on valuation, round structure, or board arrangements.
This funding round comes at a moment of growing investor interest in stablecoin infrastructure. Stripe acquired Bridge for $1.1 billion, and Mastercard agreed to buy BVNK for up to $1.8 billion earlier this year — signaling that traditional financial players are moving aggressively into the space.
Analyst projections on market size vary widely. Standard Chartered sees the stablecoin market reaching $2 trillion by the end of 2028, while JPMorgan analysts estimate that the stablecoin market could hit between $500 billion and $600 billion over the same period.
The Problem Checker Is Solving
Despite growing adoption, scaling stablecoin operations remains complex. Checker identifies liquidity fragmentation, operational overhead, and compliance hurdles as the key obstacles holding institutions back.
While commenting on this latest development, Chong said,
"Financial institutions such as business-to-business cross-border payments companies would like to scale to as many countries as possible. But that involves stitching together many different solution providers — from liquidity and accounts to local license coverage."
Checker's answer is a single API that lets financial institutions launch and manage stablecoin and related financial products without assembling multiple vendors.
The company says it currently serves more than 30 regulated financial institutions globally and has processed over $3 billion in volume over the past 12 months — roughly 1% of annual global B2B stablecoin payments volume. Clients include Rail (acquired by Ripple), Braza Bank in Brazil, and Belo in Argentina.
Checker has scaled from four to more than 15 employees in under six months, with plans to grow its engineering team further.
With fresh capital, Checker plans to expand its network across Brazil, Kenya, Hong Kong, and the United States, supporting use cases spanning foreign exchange, payments, trading, and investment products.
