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Coinbax Raises $4.2 Million to Enhance Stablecoin Payment Infrastructure on Base and Solana Coinbax, a stablecoin payment infrastructure built on Base and Solana, has secured $4.2 million in a seed funding round led by BankTech Ventures. The funds will be used to develop custody solutions, policy enforcement, programmable settlement capabilities, and integrate with custody and wallet providers. Other investors include Connecticut Innovations, Paxos, and SpringTime Ventures. $SOL

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