Odaily Planet Daily reports that Bloquo has announced the completion of a $3.7 million seed round led by Crescera Capital and Triaxis Capital, with participation from Lattice Fund. The Brazilian fintech company is building a stablecoin-based financial infrastructure for banks and enterprises, integrating features such as cross-border payments, foreign exchange trading, and liquidity provision, supporting stablecoins like USDC and USDT, and accessible via API or dashboard. Bloquo has registered as a Money Services Business with the U.S. Financial Crimes Enforcement Network (FinCEN) and has applied for registration as a virtual asset broker with Brazil’s Central Bank.
Brazilian fintech Bloquo secures $3.7M in seed funding led by Crescera and Triaxis
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Summary
Brazilian fintech Bloquo has closed a $3.7 million seed round led by Crescera and Triaxis, with support from Lattice Fund. The company develops a stablecoin-based infrastructure for cross-border payments, foreign exchange, and liquidity and crypto markets. Its platform supports USDC and USDT and operates via API or control panel. Registered with the U.S. FinCEN and pursuing a virtual asset broker license in Brazil, Bloquo complies with CFT (Countering the Financing of Terrorism) regulations.
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